WE RECENTLY PURCHASED THE FOLLOWING
Ladder Capital Corp (LADR)
Purchased 50 shares of LADR on 4/25/2017 at $13.75
Total money spent: $687.50
$63.00 added to annual dividends
We have continued to actively purchase shares of dividend stocks, but admittedly it has been quite some time since we have written post of a recent buy. We just thought we'd share this one as it does not seem to be as popular in the dividend stock investing community. We had a family member, who currently owns this stock, recommend it to us earlier this year. So we started watching Ladder Capital Corp (LADR) around February and finally saw a good entry point when the stock dipped recently below $14.00.
Since we did not previously own shares in Ladder Capital Corp (LADR), the recent purchase not only added $63.00 to our forward dividends but also became the 61st different dividend paying stocks/ETFs in our family's Dividend Stocks Portfolio.
They additional $63.00 added to our annual dividends puts our yearly dividends at approximately $3,295/year (excluding our Edwards Jones account) and $3,795/year (including our Edward Jones account).
Purchased 50 shares of LADR on 4/25/2017 at $13.75
Total money spent: $687.50
$63.00 added to annual dividends
We have continued to actively purchase shares of dividend stocks, but admittedly it has been quite some time since we have written post of a recent buy. We just thought we'd share this one as it does not seem to be as popular in the dividend stock investing community. We had a family member, who currently owns this stock, recommend it to us earlier this year. So we started watching Ladder Capital Corp (LADR) around February and finally saw a good entry point when the stock dipped recently below $14.00.
Since we did not previously own shares in Ladder Capital Corp (LADR), the recent purchase not only added $63.00 to our forward dividends but also became the 61st different dividend paying stocks/ETFs in our family's Dividend Stocks Portfolio.
They additional $63.00 added to our annual dividends puts our yearly dividends at approximately $3,295/year (excluding our Edwards Jones account) and $3,795/year (including our Edward Jones account).
Our family's dividend stocks portfolio may be found
HERE IS A QUICK FACT SHEET FOR THE STOCK JUST PURCHASED:
- P/E: 12.27
- Payout Ratio: 107.52%
- Dividend Yield: 9.06%
- 0 consecutive years of dividend increases
- Last dividend Ex date: 3/12/2018
- Next dividend Ex date: approx. 6/12/2018
- Dividend Payback Period: 3 years
- Pays a dividend 4 times a year.
- Market Cap: 1.55 Billion
- 52-week high: $15.39
- 52-week low: $12.82
- Purchased Price: $13.75
What are your thoughts about our recent purchase?
What are you buying?
