Tag: consumer discretionary

  • Today I bought 10 shares of Amazon

    Today I bought 10 shares of Amazon

    I know… I know… Amazon is not a dividend stock and the stock price has taken a beating recently. That’s mostly why I decided to spend about $1,100 on 10 shares. The price is depressed about 50% off its all time high. With the recent 20 to 1 split a single share is now more […]

  • Amid current challenges Target hikes dividend 20%

    Amid current challenges Target hikes dividend 20%

    This is why I hold Target in my portfolio. They remain a solid company despite short term difficulties all retailers face. This marks 51 years of consecutive dividend growth. Target on Thursday said its board raised the quarterly dividend to $1.08 from 90 cents previously. The annual payout of $4.32 represents a yield of about […]

  • Leggett & Platt increases dividend 4.8%

    Leggett & Platt increases dividend 4.8%

    Leggett & Platt (LEG) announced its next dividend of $0.44 per share, a 4.8% increase over the company’s previous payout of $0.42. Leggett & Platt (LEG) has a current dividend yield of 4.63% and is rated as “Safe” by SimplySafeDividends. I hold LEG in my Low & Medium Yield Portfolios. In total LEG is 1.2% of my […]

  • Target shares sink 25% in pre-market trading on lower earnings

    Target shares sink 25% in pre-market trading on lower earnings

    Sales at the Minneapolis-based retailer increased in the most recent quarter as shoppers spent more on food and groceries and even luggage as they prepared to travel again, but supply-chain costs and inflationary pressures cut into profits. Like Walmart Inc., its larger rival, Target reported quarterly earnings that missed Wall Street’s forecasts. Target shares fell nearly 25% to […]

  • Genuine Parts Company Completes Acquisition of Kaman Distribution Group

    Genuine Parts Company Completes Acquisition of Kaman Distribution Group

    Genuine Parts Company (NYSE: GPC) (“GPC”), a leading distributor of automotive and industrial replacement parts, announced today that its wholly-owned subsidiary, Motion Industries, Inc. (“Motion”) has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022. KDG is a leading power transmission, automation and […]

  • 2021 Yields in Review

    2021 Yields in Review

    2021 comes to an end. Procter & Gamble issues recall, Exxon CFO takes on debt, Self Storage is booming, I review some of my best performers of the year, and much much more!