This weeks purchases:
- $150 of AFL at $61.62. Yield 2.40%
- $150 of KMR at $72.47. Yield 7.62%.
- $100 of GE at $26.59. Yield 3.31%
Note: Continue to like AFL and Kinder at these levels even though both are trading quite higher then my cost basis. First purchase of GE in a while. I think that it offers decent value here but would prefer a 3.5% initial yield.
We just purchased shares of AFL...I think it offers a nice entry point. With its solid history of dividend increases and low payout ratio, I think Aflac Inc. will do well for you for years to come. Cheers!
ReplyDeleteI like all 3 of these and already have GE. I might be adding some AFL but was waiting for price to come down to $60 Any thoughts? Thanks for sharing.
ReplyDeleteDividend Mongrel
http://dividendmongrel.blogspot.com
Frugal Family, thanks for the comment. I agree AFL is good value here and one name that I follow that is not what I perceive to be over valued.
ReplyDeleteBTW, good writeup on the company on your blog.
cheers,
AA
Dividend Mongrel,
ReplyDeleteI think AFL is decently priced here. One thing I have learned over the years is that it is imppossible to forecast the market so the price may come down to $60..and it may not.
With that said, nothing wrong with waiting for a better price point and I usually let yield dictate that for larger purchases.
Thanks for stopping by,
AA