Pages

▼

Friday, August 14, 2015

RECENT BUY - (NYSE : EMR)

WE RECENTLY PURCHASED THE FOLLOWING









EMERSON ELECTRIC (EMR)
Purchased 9 shares of EMR on 8/11/2015 at $48.83
Total Spent: $439.47

With the overall market in a bit of a slump lately, it has provided everyone with additional opportunities to pick up shares, or in our case average down our cost basis on a few long term holdings. 

So on Wednesday, we decided to pick up 9 more shares of EMR (Emerson Electric). We originally picked up shares of EMR back in October of 2014, and then again last month. So with our purchase this week, we now own 27 total shares of EMR in our family's dividend stocks portfolio.  I'm happy to report that the cost basis for our EMR shares went down again from $58.00 to $54.94.  Our estimated forward dividends grew another $16.92, putting our yearly dividends at approximately $3,017/year (excluding our Edwards Jones account) and $3,375/year (including our Edward Jones account).

Since we had already held EMR shares in our family's dividend stocks portfolios (WF and EJ Accounts), the portfolio remains unchanged at a total of 44 different dividend paying stocks/ETFs and also 4 companies that either don't pay a dividend our has currently suspended their dividends..
Our family's dividend stocks portfolio may be found
by clicking on the link below:

We also maintain an extensive list of stock analysis
that can be access through the link below:

We also just started a list of Recent Buys by other bloggers
that can be access through the link below:



HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

EMERSON ELECTRIC (EMR)
P/E: 13.76
Payout Ratio: 51.12%
Dividend Yield: 3.50%
58 consecutive years of dividend increases
Last Ex-dividend date: 5/13/2015
Next Ex-dividend date: approx. - 8/13/2015*
Have paid a dividend since: 1947 (68 years)
Pays a dividend 4 times a year.
Market Cap: 32.4 Billion
52-week high: $65.94
52-week low: $47.83
Purchased Price: $48.83

* Since we bought these shares on 8/11/15, we got these shares just in time to receive the upcoming dividend that will be paid out on 9/10/15.

What are your thoughts about my recent purchase?

What are you buying?
at

14 comments:

  1. Roadmap2RetireAugust 14, 2015 at 6:32 AM

    Great purchase, AFFJ. Really tempted to pick up EMR myself at these levels.

    R2R

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:18 PM

      Couldn't resist an opportunity to further reduce our cost basis here. We like their track record and feel its a great value at current prices. The market does seem to be in a hurry to post any huge positive swings so you may still get your opportunity to buy EMR.

      AFFJ

      Delete
  2. Adam - IWTRSAugust 14, 2015 at 7:08 AM

    Congrats! Can't blame you here... I think this will be the most bought Stock again this week!

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:20 PM

      Definitely has been and continues to be a very popular stock lately among DGI investors. I may buy a few more before the end of the month if the stock remains at these levels or lower. AFFJ

      Delete
  3. Dividend MantraAugust 14, 2015 at 1:17 PM

    AFFJ,

    Great purchase here. Emerson has been absolutely crushed lately, completely belying their quality and track record.

    Keep it up!

    Cheers.

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:22 PM

      Thanks Jason, I agree. EMR has a long track record that can't be ignore. Noticed you also picked up some shares lately yourself. :)

      Cheers to buying a great stock at a great price! AFFJ

      Delete
  4. Div4sonAugust 14, 2015 at 2:56 PM

    Nice purchase on EMR. I think we purchases at similar prices. I need to check my new cost basis. Looking forward to your POT purchase.
    D4s

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:24 PM

      Thanks...nice to hear you also grabbed some shares also. Hope you were able to drop your cost basis as well.

      The details of our POT purchase will be posted first thing tomorrow morning. Thanks for your continued support buddy.

      Best wishes! AFFJ

      Delete
  5. Income SurferAugust 14, 2015 at 4:26 PM

    Wow, EMR is really down from last time I looked. $65 to $50 is a big move. I might need to take another look AFFJ. Hope you have a great weekend!
    -Bryan

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:26 PM

      We originally purchased EMR in the 60s and have since taken their current dip as an opportunity to average down into the mid 50s. If it remains at these levels, we just might pick up a few more shares to get down to the low 50s!

      Thanks for visiting. AFFJ

      Delete
  6. Race2RetirementAugust 15, 2015 at 8:47 AM

    Nice purchase, AFFJ! I like EMR at current valuation and a great industrial company to add in the kitty. I also purchased it recently. keep racing!

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 15, 2015 at 9:28 PM

      Good to hear you picked up some shares as well. A lot of us in the DGI community added EMR to the kitty. :)

      Cheers to adding a great investment vehicle to the race! AFFJ

      Delete
  7. Dividend DiplomatsAugust 16, 2015 at 5:48 AM

    AFFJ,

    Nice pick up! I obviously just did the same - scooping up quite a few shares myself. The metrics and the aristocrat stamp speak for themselves, eh? Strong dividend player and will be going forward, loving it. Congratulations on the purchase! Bert currently has his eyes on more shares as well.

    -Lanny

    ReplyDelete
    Replies
    1. A Frugal Family's JourneyAugust 16, 2015 at 10:35 PM

      Thanks Lanny. Good to hear you got in on the action. Couldn't pass up this dividend aristocrat. We definitely plan to hold EMR for years to come. Hope Bert gets his opportunity as well.

      Thanks for stopping by. Best wishes! AFFJ

      Delete