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Wednesday, July 29, 2015

Recent Buy (CAT) : July 29, 2015



After reviewing all of the buys around the blogging community for last week, I noticed CAT near the top of the list and decided to do some research and liked what I saw.

The stock price has really taken a beating lately so the current dividend is near 4%. The have paid a dividend for 34 years with steady increases since 2005. Payout Ratio is around 50% and current P/E is 13.23. I am taking advantage of this pullback to buy into a great company that I will likely hold forever.

  • I bought 14 shares of CAT @ $77.78. This adds $43.12 to my forward yearly dividends.
See My Full live portfolio here.
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12 comments:

  1. FabSavingsJuly 29, 2015 at 5:42 PM

    Great buy with CAT! I got some last week and may pick up a few more next Tuesday. Excellent value at almost 4% yield.

    ReplyDelete
    Replies
    1. Adam - IWTRSJuly 29, 2015 at 7:28 PM

      Thanks Fab! Looking at my blogroll feed, it seems to be one of the hot stocks lately!

      Delete
  2. A Frugal Family's JourneyJuly 29, 2015 at 11:26 PM

    Nice buy Adam. Great company at an attractive value and yield. Way to add another $43 to your forward dividends!

    CAT is high on our watch list so hoping to join you as a fellow shareholder soon! AFFJ

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    Replies
    1. Adam - IWTRSJuly 31, 2015 at 12:44 PM

      Thanks AFFJ! I just wish I had more to dump into the market right now but sometimes patience and waiting pays off. Hope you can find some spare change for CAT as well!

      Delete
  3. DivHutJuly 30, 2015 at 3:19 AM

    Great buy. CAT made my August potential buy list among other industrial names. Nice pick up of a solid beaten down dividend payer.

    ReplyDelete
  4. TawcanJuly 31, 2015 at 11:36 AM

    Very solid buy. CAT has taken a beating lately but I think it's a great hold for the long term.

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    1. Adam - IWTRSJuly 31, 2015 at 9:12 PM

      Thanks Tawcan! I agree, long term I have no concern that CAT is a buy and hold. The yield right now is really nice for entry!

      Delete
  5. Mr. Modern MillennialAugust 1, 2015 at 3:34 PM

    Congrats on your entry position in CAT. I like CAT a lot, and hope to join you as a co-shareholder one day.
    Take care + have a great weekend,
    Dylan

    ReplyDelete
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    1. Adam - IWTRSAugust 2, 2015 at 5:35 AM

      Hi MMM,

      Thanks for stopping in. I always enjoy first time visitors (or at least first time commenters)!

      We would love to have you as a fellow shareholder ;). It is quite attractive right now.

      Delete
  6. Dividend MantraAugust 1, 2015 at 7:48 PM

    Adam,

    Great price there on CAT. Locking in a ~4% yield on CAT seems very, very prudent to me. May end up averaging down on this one rather quick. We'll see what the capital (and other opportunities) looks like next month.

    Best regards!

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    1. Adam - IWTRSAugust 2, 2015 at 5:38 AM

      Hey Jason,

      Thanks so much for your comment. I really enjoy your site and your posts.

      I think August is going to present even more great opportunities to accumulate more great dividend stocks. I'm excited!

      Delete

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