Yes, its time for me to share my buy of the month again! As I’m still DUKing out (see what I did there) what utilities to invest in I saw a nice dip on another aristocrat with brands my family uses daily. Yes you guessed it (I hope), in initiated a position in Proctor & Gamble!
I bought 8 shares @ $78!
Proctor & Gamble | |
P/E (<20) | 20,85 |
Yield (>2%) | 3,68% |
Payout Ratio (<75%) | 72,83% |
Increases (>= 5 year) | Aristocrat: 61 years (!) of dividend increases |
5-year DGR (>5%) | 4,90% |
EPS (>0) | 2,87 |
Valuation (<=10% > 52wk low) | $74.2 = 52-wk low => 5,12% > 52-wk low |
These 8 shares provide me with an additional income of (8 x 4 x 0.7172) – 15% = $19,51 and brings the new total towards $277,59 + $19,51 = $297,10
The $300 mark is within my grasp! 🙂
Nice buy. I bought PG earlier at 82$ and now it would be nice to add up more with lower price. Sadly no new capital for now 😦 But a good buy, a very good buy in deed 🙂
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Hi P2035, thanks! I’m pretty happy with it as well. Less so when it dropped $4 a share yesterday but oh well…
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Mr. Robot. How are ya, sir? Long time holder of P&G here. It’s a full size position, so I do not plan to add anytime soon. That said, I added to a small position I have in Kimberly Clark (KMB) yesterday. I was holding out for 4% yield. It dropped yesterday and yielded 3.9% so I snagged some. Tom
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Hey Tom, good fine sir and how about yourself? Nice KMB buy, that was my buy last month! 🙂
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Nice – almost at $300 – so close!
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Hi Time, indeed so close. Next buy will get me there and since I got a bonus from work it will get me even further!
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Hey, Mr. Robot! PG is certainly looking more interesting as it continues to fall. It may appear that your purchase was a tad early considering PG’s drop just a few days later, but I suspect it won’t matter in the long run.
While I could see adding to my PG holdings, I’m more inclined to add to my PEP position if we stay in the consumer staples sector.
In any event, keep those purchases, and the dividends, coming!
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I’m also looking at PEP at the moment, wondering where it will bottom out.
PG fell 8$ per share since my purchase that’s just wrong 😦
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