Money and Finance
Recent Buy
Well I wasn't planning on doing much to the portfolio other than selling off more shares of HAL, my employer's stock. General Electric reported a great quarter with a huge list of back-orders and I'm not really sure how I've never picked up any shares. It's not a steal of a price but the potential for both capital appreciation and dividend growth is there. Management has stated they are targeting dividend growth that matches earnings growth, which if you believe management and analysts that should be around 10% for the next five years. I'm hoping for the markets to pullback some other the next few weeks so I can average down my cost basis for the new GE position.
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Recent Buy
Earlier this afternoon I purchased 45 shares of Aflac (AFL) for a $50.15 each. After commission, my cost basis is $50.33 per share. These shares will provide an extra $63 in annual dividends before reinvestment or future dividend increases. Aflac...
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Recent Buy
This morning I picked up 25 more shares of Target (TGT) bringing my total position up to 65 shares. I would still like to add more to the position over time but need the price to come down further before I would continue to average down. I feel that...
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Recent Buy
This morning I purchased 40 shares of Target (TGT) for a price of $61.81 per share. With the current dividend payment of $1.44 I was able to pick up the shares for a 2.32% YOC. I've been following Target for a while and the price just never quite...
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Mcdonald's (mcd) Earnings Miss
McDonald's reported earnings for the 3rd quarter this morning before the opening bell where they beat on sales but missed on profit. The good news for long-term believers in McDonald's is that shares sold off 3.40% after the announcement...
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Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase...
Money and Finance