Showing posts with label Technology Stocks. Show all posts
Showing posts with label Technology Stocks. Show all posts

Wednesday, August 10, 2016

RECENT BUY : (NYSE: AAPL)

We Recently Purchased The Following (DELAYED POST):

Apple Inc (AAPL)
Purchased 6 shares of AAPL on 6/24/2016 at $92.88
Total Spent: $557.28; added $13.68 in forward dividends.

With the market steadily climbing since February, we haven't made many purchases this year.  However, on June 24, 2016, we managed to picked up 6 shares in Apple Inc (AAPL) at our limit price set at $92.88. In all we spent $557.28 which added another $13.68 to our yearly dividends. 

Apple Inc (AAPL) currently pays 2.10% in dividends and has an attractively low payout ratio of 27.6%. Although AAPL does not have a long history of paying dividends, it has continued to raise its dividends every year since it began paying dividends back in 2013. 

Below is the consensus rating from the majority rating of more than 800 financial institutions (found on my Wells Fargo Advisors account log in):

As of 7/27/2016:

  • Current Rating: Outperform
  • Target Price: $124.06

Company Description
From Google Finance:
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

With our recent purchase of Apple Inc (AAPL), the estimated forward dividends for our family's dividend stocks portfolio grew another $13.68, putting our yearly dividends at approximately $3,253/year (excluding our Edwards Jones account) and $3,638/year (including our Edward Jones account).  

Since did not previously own Apple Inc, the recent buy of AAPL 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 54 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:


Apple Inc (AAPL)
P/E: 12.71
Payout Ratio: 27.6%
Dividend Yield: 2.10%
Dividend Growth Rate (3yr AVG): 10.21%
consecutive years of dividend increases
Last Ex-dividend date: 8/4/2016
Next Ex-dividend date: approx. 11/4/2016
Have paid a dividend since: 2013 (3 years)
Pays a dividend 4 times a year
Market Cap: 591.2 Billion
52-week high: $123.82
52-week low: $89.47

Purchased Price: $92.88


What are your thoughts on of recent purchase?


What are you buying?