After reviewing a lot of data over the past several weeks, I decided my buy this week would be United Technologies Corporation (UTX).
- Bought 11.2216 shares of UTX @ $90.4554
Here are the stats I used to determine this was a good buy for me:
- Current Dividend: 2.8%
- Current P/E : 14.2
- Dividend Payout Ratio: 37%
- Years Paying Dividend : 45 Years!
- Dividend Growth Rate : 12.5% (over past 19 years)
The fast graph below shows that the market has typically always put a premium on the stock price vs the eps data as it has only been below the orange line a handful of times. This tells me the company is valued fairly right now, if not slightly undervalued.
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.
Thats a really nice price for UTX. Congrats on adding this to your portfolio.
ReplyDeleteR2R
Thanks R2R. Looks like a good day to buy everything :)
DeleteAdam,
ReplyDeleteNice trade. I just bought some today from my weekly sharebuilder plan.
D4s
Thanks D4s! Congrats to you as well! Good day for buying!
DeleteAdam,
ReplyDeleteGreat price there. Initiated a position not too long ago myself, but at a higher price. Thinking strongly about averaging down here.
Enjoy that extra dividend income!
Cheers.
Thanks Jason! I loved the entry price too and will look to add even more if it drops. Thanks for stopping in and commenting!
Delete