Dividend Growth Investor - Recent Investment for August 10
Good Morning,
I wanted to let you know that I added to an existing position today. The company seems to be doing well financially, and even recently announced an 11.80% dividend increase just this month. However, the stock has been sold off for some reason by Mr Market. This brings the valuation to a very attractive range right now.
I have had my eyes set to that company for a while, especially now that it has been on sale in the past year or so. But the latest dividend increase, which I observed through my dividend increase monitoring process, pushed me to add to it.
The only issue is that I am close to having a full position at cost. Basically I can possibly add to it a couple more times from here. I take risk management very seriously.

