What to do when one of the most beloved companies in the world is not beloved (at least in the short term) by stock traders? Well, if it is a high-quality company, if I want to own it (or more of it), if it is available at a reasonable price and if I am building a long-term position… I often look at such a situation as an opportunity, and I buy the dang thing. Such was the case yesterday…
It will be our 23rd purchase in the our Income Builder Portfolio.
As an investor, I fancy companies that have both a history of growth and a reasonable expectation of future growth. I’m a greedy guy, so I want growth in every department: revenues, profits, cash flow, dividends. With this in mind, the latest stock I selected for DTA’s Income Builder Portfolio fits that description.
It will be our 22nd purchase in our Income Builder Portfolio.
The company has paid quarterly dividends without interruption since 1910.
It will be our 21st purchase in our Income Builder Portfolio.
The company’s reliable dividend growth and overall performance should help the Income Builder Portfolio meet — and likely exceed — its goals for years to come.
It will be our 20th purchase in our Income Builder Portfolio.
I also added some shares to my position in my personal portfolio.
It will be the 19th purchase in our Income Builder Portfolio.
