WE RECENTLY PURCHASED THE FOLLOWING
Total Spent: $354.00
Wal-Mart Stores, Inc (WMT)
Purchased 6 shares of WMT on 12/18/2015 at $59.00Total Spent: $354.00
Today, with the market's afternoon decline, decided to pick up a few shares of Wal-Mart Stores, Inc (WMT) which was last month's ASK THE READERS pick.
We placed an limit order to buy 6 shares of WMT at $59.00 and it was almost immediately executed during the afternoon session. In case you missed the November Ask The Readers post, we had asked our readers to pick a stock between Wal-Mart Stores (WMT), HCP, Inc (HCP), Kinder Morgan Inc (KMI), and and International Business Machine (IBM). Wal-Mart logged the most votes with 6 total, with HCP coming in second at 4. KMI was the least favorite stock with one vote. We all know what has happened to KMI since the November post. Thank you readers for steering us clear of KMI! :)
We placed an limit order to buy 6 shares of WMT at $59.00 and it was almost immediately executed during the afternoon session. In case you missed the November Ask The Readers post, we had asked our readers to pick a stock between Wal-Mart Stores (WMT), HCP, Inc (HCP), Kinder Morgan Inc (KMI), and and International Business Machine (IBM). Wal-Mart logged the most votes with 6 total, with HCP coming in second at 4. KMI was the least favorite stock with one vote. We all know what has happened to KMI since the November post. Thank you readers for steering us clear of KMI! :)
Company Description
From Google Finance:
“Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company's operations are conducted in three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sam's Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.”
With today's purchase of WMT (Wal-Mart Stores, Inc), the estimated forward dividends for our family's dividend stocks portfolio grew another $11.76, putting our yearly dividends at approximately $3,534/year (excluding our Edwards Jones account) and $3,892/year (including our Edward Jones account). This is actually down from the last recent buy post with the decrease to our KMI holdings.
Our family's dividend stocks portfolio may be found
by clicking on the link below:
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HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:
Wal-Mart Stores, Inc (WMT)
P/E: 12.60
Payout Ratio: 41.8%
Dividend Yield: 3.3%
40 years of dividend growth
Last Ex-dividend date: 12/2/2015
Payout Ratio: 41.8%
Dividend Yield: 3.3%
40 years of dividend growth
Last Ex-dividend date: 12/2/2015
Next Ex-dividend date: approx. - 3/2/2016
Have paid a dividend since: 1973 (42 years)
Pays a dividend 4 times a year.
Market Cap: 188.8 Billion
52-week high: $90.97
52-week low: $56.30
Purchased Price: $59.00
Have paid a dividend since: 1973 (42 years)
Pays a dividend 4 times a year.
Market Cap: 188.8 Billion
52-week high: $90.97
52-week low: $56.30
Purchased Price: $59.00
What are your thoughts on of recent purchase?
What are you buying?
I just bought WMT as well, but wish I woulda waited a couple days since the markets have been tanking. My timing stinks. :-p
ReplyDeleteCaptain, you still bought under $60. That's not bad considering the 52-week high is in the low $90s. In the long run, you should be fine with your purchase. Meanwhile, site back and collect the 3%+ in dividends. :)
DeleteAFFJ
Fellow WMT shareholder here! I picked up a few shares right before ex-div date. I plan on making this a core holding. WalMart isnt going anywhere anytime soon. I hope it stays at these levels just a little longer so i can buy more in 2016!
ReplyDeleteAlways good to hear from a fellow shareholder. Way to get in just in time for the upcoming dividend payout! If the Christmas season does not do well overall, I think you'll get the opportunity in 2016 that you are looking for. Hard to tell just by going to the mall these days though because so many people are either buying gift cards or shopping online. Time will tell.
DeleteCheers to a great new year and hopefully one that includes more shares in WMT for you. AFFJ
I also own WMT -- maybe its time to look at adding shares again. I sure am glad you stayed clear of KMI. It truly sucks when a company cuts their dividend so much.
ReplyDeleteTake care and best of luck with your investment!
Hello fellow shareholder. :)
DeleteYes, KMI is going through tough times and unfortunately as a shareholder, our upcoming dividends will be suffering a bit. I guess that means we need to put more money to work soon so that we can off-set the dividend loss from Kinder Morgans's recent cut. :)
Thanks for stopping by, cheers to a great 2016!
AFFJ
WMT is a bargain at current prices - the stock is beaten down, but WMT is still an industry leader with a strong competitive advantage.
ReplyDeleteI know there are people who prefer to shop at TGT over Walmart but at the end of the day, it is tough to compete against their presence and scale. I am glad to hold WMT in our family's portfolio and plan to do so for years to come.
DeleteCheers to owning industry leaders! AFFJ
This is good for you, WMT will be leader for years. Here is nice Tampereen ravintolat that I strongly recommend to visit.
ReplyDelete