Stock Purchases January 1st Through January 15th

  1. Price to Earnings: At $45.54 price with a forward earning projection of $6.65 for 2019 (from 21 analysts), this equated out to a p/e ratio of approximately 6.84, which is well below the overall market on average.
  2. Dividend Growth: They are also young in their dividend streak, as they are on 5 years now, consecutively.  Their recent increase was approximately 15% and the double digit was extremely appreciated!  See why the impact of the dividend growth rate is real!
  3. Dividend Yield: With the $45.54 price point, at a dividend of $1.40, their yield was at ~3.07%, well above the S&P 500 (on average).
  4. Payout Ratio: Based on forward earnings of $6.65 and a dividend of $1.40 per year, this equates to a payout ratio of 21%.  A super low payout ratio.  They can grow dividends by double digits, no problem, in the near and long term.

Here is proof of my investment:

In summary, I purchased an additional 22 shares on 1/3/19 at $45.54 with a $3.95 trading fee for a total cost of $1,005.79. The 22 additional shares added $30.80 to my forward dividend income projection.  In total, now, I own over 62 shares of DAL, which produces $87 in dividend income per year.  I believe this position is as full as I’d like them to be. 

Stock Purchase – Vanguard High Dividend Yield ETF (VYM)

Now, this isn’t an individual stock but an Exchange Traded Fund (ETF) and is for my retirement or Roth IRA purchase.  This isn’t my first time, as I purchased them back on December 4th, or a full month before this.  I wanted to make the Roth IRA easier on myself and to avoid trying to time the market, perform deep/thorough analysis on a stock or two and ultimately wanted to reduce the monitoring as well.  See deeper reasons why I chose the Vanguard High Dividend Yield (VYM) ETF, here.  The fun part is – the ETF price declined by 9.4% since the initial purchase, which also received a subsequent higher year-end dividend payout.

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Disclaimer: I do not recommend any decision to the reader or any user, please consult your own research. Thank you.

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