Recent Investment for February 1st, 2024
Good Afternoon,
I wanted to let you know that I added to an existing position. I had initiated a position just last month. The company is a dividend achiever with a 20 year track record of annual dividend increases. I like the history of consistent annual dividend growth of around 7%/year over the past 5 years.
The stock is selling for 17.50 times forward earnings and yields almost 4.15%.
I purchased this position in my retirement account. I do plan to add to this company at least on three - five occasions this year, in order to build out my position to a minimum amount.
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