We Recently Purchased The Following:
Total Spent: $347.05; added $11.76 in forward dividends.
V.F. Corporation (VFC)
Purchased 7 shares of VFC on 2/3/2017 at $49.58Total Spent: $347.05; added $11.76 in forward dividends.
On January 26, we posted that we purchased 8 shares of V.F. Corporation for our Family's Dividend Stocks Portfolio. At the time, we already felt that VFC was attractively priced. Needless to say that when the stock price dipped below $50, we took the opportunity to add a few more shares to our current holdings.
On February 3, we decided to pull the trigger and add 7 more shares of V.F. Corporation to our Family's Dividend Stocks portfolio. So with our recent purchase, we now own 15 total shares in VFC that provides us with a total of $25.20 in dividends per year. We plan to continue watching VFC to see if it dips any further.
From our research, we are attracted by the 3% plus yield, manageable payout ratio and the long 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:
But in case V.F. Corporation (VFC) does intrigue you, below are few links to Seeking Alpha articles to help you begin your research:
- V.F. Corpo is priced to buy under $50 - Lyn Alden Schwartzer
- Is Quality V.F. Corp a great bargain - Passive Income Earner
- V.F. Corporation is insanely undervalued but uncertainty weighs on the stock - Abba's Aces
- V.F. Corp. - Where Is The Love - Abba's Aces
- V.F. Corporation: A High-Yield Dividend Aristocrat - Wait For It - Chuck Carnevale
- Would You Consider V.F. Corp. Today? - Eli Inkrot
- V.F. Corp.: Forget The Dividend - Millennial Investing
- Learning From V.F. Corp.'s 'Expensive' Past - Eli Inkrot
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 $11.76, putting our yearly dividends at approximately $2,599/year (excluding our Edwards Jones account) and $3,013/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: 53.7%
Dividend Yield: 3.34%
44 consecutive years of dividend increases
Last Ex-dividend date: 12/07/2016
Dividend Yield: 3.34%
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: $48.05
Purchased Price: $49.58
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: $48.05
Purchased Price: $49.58
What are your thoughts on of recent purchase?
What are you buying?
