Recent Buy
Good Morning,
I am going through the list of portfolio holdings, and trying to beef up existing holdings that seem attractively valued. My goal is to try to reach a target of $500 - $1000 invested in each company I hold, provided that fundamentals are intact, the valuation is good, and the prospects are good too.
I wanted to let you know that I added to an existing position this morning, which is a dividend contender. I bought it in my taxable account.
The company has managed to grow dividends at a high pace since initiating them. I believe it offers the opportunity to grow future dividends at an above-average rate, and have high yields on cost. That could be due to growth in earnings per share, as well as expansion in the dividend payout ratio.
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