WE RECENTLY PURCHASED THE FOLLOWING
Phillip Morris Int'l Inc (PM)
Purchased 7 shares of PM on 3/31/2015 at $75.33
Total Spent: $527.31
$28.00 added to annual dividends
Phillip Morris Int'l Inc (PM)
Purchased 7 shares of PM on 3/31/2015 at $75.33
Total Spent: $527.31
$28.00 added to annual dividends
Even while on vacation, we made a purchase!!
Well, our recent purchase of Phillip Morris Int'l (PM) was based on the results from our recent ASK THE READERS post. It actually took about a week before our purchase was executed, but it was because we had set a limit order to buy PM at $75.33. We were thinking that since PM recently had an ex-dividend, we figured that there was a good chance that it may drop a bit. Not sure if our theory has any merit, but we've personally have found that many stocks tend to fall a bit in the weeks between their ex-dividend date and their payout date. Either way, we were glad that we decided to be a bit more selective with our entry price because our hunch ended up coming true as PM went as low as $75.27 on 3/31/2015, setting a new 52-week low.
This is our first exposure to tobacco stocks, but glad to have bought in at what we feel is a good price for a long-term hold. With the recent purchase Phillip Morris Int'l (PM), our family's dividend stocks portfolio now holds a total of 37 different dividend paying stocks/ETFs in the portfolio.
With today's purchase, our estimated forward dividends grew another $28.00, putting our yearly dividends at approximately $3,176/year.
Well, our recent purchase of Phillip Morris Int'l (PM) was based on the results from our recent ASK THE READERS post. It actually took about a week before our purchase was executed, but it was because we had set a limit order to buy PM at $75.33. We were thinking that since PM recently had an ex-dividend, we figured that there was a good chance that it may drop a bit. Not sure if our theory has any merit, but we've personally have found that many stocks tend to fall a bit in the weeks between their ex-dividend date and their payout date. Either way, we were glad that we decided to be a bit more selective with our entry price because our hunch ended up coming true as PM went as low as $75.27 on 3/31/2015, setting a new 52-week low.
This is our first exposure to tobacco stocks, but glad to have bought in at what we feel is a good price for a long-term hold. With the recent purchase Phillip Morris Int'l (PM), our family's dividend stocks portfolio now holds a total of 37 different dividend paying stocks/ETFs in the portfolio.
With today's purchase, our estimated forward dividends grew another $28.00, putting our yearly dividends at approximately $3,176/year.
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:
Phillip Morris Int'l Inc (PM)
P/E: 16.23
Payout Ratio: 83%
Dividend Yield: 5.3%
Dividend Growth rate (5yr AVG): 11.62%
6 consecutive years of dividend increases
Last Ex-dividend date: 3/24/2015
Payout Ratio: 83%
Dividend Yield: 5.3%
Dividend Growth rate (5yr AVG): 11.62%
6 consecutive years of dividend increases
Last Ex-dividend date: 3/24/2015
Next Ex-dividend date: approx. 6/24/2015
Have paid a dividend since: 2008 (7 years)
Pays a dividend 4 times a year.
Market Cap: 119.5 Billion
52-week high: $91.63
52-week low: $75.27
Purchased Price: $75.33
What are your thoughts about my recent purchase?
What are you buying?
Have paid a dividend since: 2008 (7 years)
Pays a dividend 4 times a year.
Market Cap: 119.5 Billion
52-week high: $91.63
52-week low: $75.27
Purchased Price: $75.33
What are your thoughts about my recent purchase?
What are you buying?
