I’ve decided (after conducting my own research ofcourse) to follow the footsteps of a lot of people in the DGI community and initiate a position in Qualcomm. I’ve bought 6 shares @ $52,49.
|Trackrecord||Dividend increases for over 12+ years|
|Valuation||$1,44 above 52-week low|
Even though there is a lot of rumor regarding this stock with ongoing lawsuits I also believe there is a large upside in the long term (and short term with the NXP deal). To read more I suggest you check out this article on Seeking Alpha written by Fiscal Voyage: Recent buy.
With a quarterly dividend of $0.57 this should bring me (6 x 0,57 x 2)-15% tax = $5,82 closer towards my goal for 2017. My forward annual income should ofcourse increase with twice that amount: $11,63 to a total of $143,81.
So what did you buy in August?