Money and Finance
Recent Buy
Today I purchased 35 shares of Emerson Electric Company (EMR) at a price of $44.63 per share. According to my
Stock Analysis, Emerson's fair value is around $53.28. At $44.63 I was able to get the shares for just over 16% of a discount. My YOC for the shares works out to be 3.57% based on the current dividend payout. These shares will provide another $56 per year in payouts and an extra $28 +/- this year. It feels good to finally make a purchase after a long hiatus.
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Emerson Electric: Short-term Headwinds Make For Attractive Long-term Returns
Investing in dividend aristocrats has long led to solid and stable returns for investors. What's not to like about getting a raise that beats inflation year after year just for owning an excellent company. However, just because a company has grown...
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Recent Buy
I decided to go on a bit of a spending spree today and also purchased of 23 shares of Cummins (CMI) at $87.49 per share. You can check out my other purchase today here. It's hard for me to keep cash in my brokerage account because I want to get...
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Recent Buy
This afternoon I bought 40 shares of Harris Corporation (HRS) for $47.05 per share. After commission my cost basis is $47.25 per share with a YOC of 3.13%. I missed my limit order yesterday by $0.01 which is very annoying. Luckily it wasn't...
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Recent Buy
Earlier this morning I made 2 purchases. I bought 35 shares of Archer Daniels Midland (ADM) for $25.73 per share. My YOC for this position is 2.70% based on the current $0.70 annual payout. I also purchased 35 shares of Walgreens (WAG) $35.85 per share....
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Selling Puts For Added Income
It seems that the market is trying to decide whether it should have a pullback or not. This doesn't make for the best time to sell puts if you're looking to just collect the premium but if you want to get the stocks at a set price it could prove...
Money and Finance