We Recently Purchased The Following:
Total Spent: $416.00; added $13.44 in forward dividends.
V.F. Corporation (VFC)
Purchased 8 shares of VFC on 1/26/2017 at $52.00Total Spent: $416.00; added $13.44 in forward dividends.
Based on our Collection of Recent Buys chart, it appears that VFC, TGT and UL are clear favorites among DGI investors this month. I think we could make an argument to buy any one of the three mentioned but since our family already own shares in the other two, we decided to add V.F. Corporation (VFC) to our portfolio. With the recent purchase, the number of companies held in our family's dividend stocks portfolio that pay us dividends is at an even 60!
From our research, we are attracted by the yield, payout ratio and dividend history that VFC offers. We believe that VFC is a good long term hold that offers a nice risk/reward ratio. Nevertheless, we understand that everyone has their own risk tolerance and stock screening methods. With that said, please make sure to do your own research when buying any stocks.
But in case V.F. Corporation (VFC) does intrigue you, below are few links to Seeking Alpha articles to help you begin your research:
Company Description
From Google Finance:
“V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company's segments include Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear, Contemporary Brands and Other. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Company's brands primarily include The North Face, Vans, Timberland, Wrangler, Lee Nautica, Majestic and Kipling. The Company's products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Company's brands sell products in international markets through licensees, distributors and independently-operated partnership stores.”
With our recent purchase of V.F. Corporation (VFC), the estimated forward dividends for our family's dividend stocks portfolio grew another $13.44, putting our yearly dividends at approximately $3,400/year (excluding our Edwards Jones account) and $3,785/year (including our Edward Jones account).
We did not previously own V.F. Corporation (VFC), therefore, the recent buy of VFC added yet another dividend paying company to our family's dividend stocks portfolios (WF and EJ Accounts). The total stocks held in our family's dividend stock portfolio is now 60 different dividend paying stocks/ETFs and also 5 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:
V.F. Corporation (VFC)
P/E: 18.0
Payout Ratio: 55%
Dividend Yield: 3.30%
44 consecutive years of dividend increases
Last Ex-dividend date: 12/07/2016
Dividend Yield: 3.30%
44 consecutive years of dividend increases
Last Ex-dividend date: 12/07/2016
Next Ex-dividend date: approx. 03/07/2017
Have paid a dividend since: 1941 (75 years)
Pays a dividend 4 times a year
Market Cap: 15.67 Billion
52-week high: $67.10
52-week low: $50.48
Purchased Price: $52.00
Have paid a dividend since: 1941 (75 years)
Pays a dividend 4 times a year
Market Cap: 15.67 Billion
52-week high: $67.10
52-week low: $50.48
Purchased Price: $52.00
What are your thoughts on of recent purchase?
What are you buying?
Nice pick up. I added to my VFC last week and will continue to watch this name as long as the yield remains above 3%. Solid stock/company facing some near term headwinds that's all. I plan to hold it long term. Thanks for sharing.
ReplyDeleteKeith - we noticed that you along with a few others we follow had picked up shares of WFC. It's a popular stock for good reason and certainly worth the risk with the nice dividends above 3%.
DeleteThanks for commenting. AFFJ
I like the buy. We picked up 28 shares about a week before you did and I might pick up some more as long as the yield is above 3%.
ReplyDeleteThanks. Great mind think alike. ;) We also plan to continue to watch WFC and would mind grabbing a few more shares if the stock price declines any further. AFFJ
DeleteGood buy. Great brands, nice market size, and a dividend over 3%. What's not to like.
ReplyDeleteThanks. We love hiking and the outdoors some the brands are near and dear to us. As for the dividend yield and market cap, a multi-billion dollar company paying 3% yield and have a long history of paying dividends looks very attractive to us. :)
DeleteBest wishes. AFFJ
I have some, am thinking about buying more. I like the company and the yield.
ReplyDeleteGlad to hear from a fellow shareholder. We are happy to buy in with a yield at cost above 3%. Hoping to remain a shareholder for years to come. AFFJ
DeleteHello everybody, ¡greetings from Spain!
ReplyDeleteI have thought about adding VFC to my portfolio of American companies but after a small study I have just bought Hanesbrands because I think it is more cheap actually.
But your buy is very nice, congratulations.
Sorry, more cheap = cheaper ;)
Delete