It will be no surprise to many to see this buy. Last week, the blogging community bought EMR more than any other stock, and for good reason. I could reiterate all the same data posted on other blogs, but instead I will defer to a great summary of EMR posted by Div4Son here.
The Ex-dividend date is tomorrow 8/12, so I wanted to get in before that to take advantage of the nice 3.83% dividend, payable next month. This is also the last dividend before we see an increase, if past performance is any indication.
- Bought EMR - 20.882 Shares @ $49.10
This increases my forward dividends by $38.14 bringing the total to $1176.73!
One thing that struck me about the company is the broad range of brands it owns. InSinkErator, ClosetMaid, and RIDGID to name a few. See the full list on their wiki here.
Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.
Thanks for the mention Adam!
ReplyDeleteCongratulation on the buy, and good timing before the ex-div date.
D4s
Thanks D4s! Happy to provide a link back to your analysis that helped me.
ReplyDelete