Thursday, May 21, 2015

Recent buy - May

Procter & Gamble (PG)
Buy: 13 shares @ 80.30

Before I started this blog, I never heard of Procter & Gamble.
It is a huge American company, but they do not operate with that name in Europe.

However, many of their companies are very well known through all of Europe. For example: Oral B, Gilette, Pampers, BrAun, Head & Shoulders and Duracell.

So what about the interesting numbers?

Dividend yield: 3.33%
3yr growth rate: 7.2%
5yr growth rate: 8.0%
P/E: 23.59

Besides these numbers, they have been raising their dividend for 59 years in a row!

The growth rates could have been better, but this yield is pretty decent for a Dividend Aristocrat like PG.

This adds $34.47 to my annual dividend income.
My portfolio has been updated accordingly.

Thanks for reading!


Disclosure: Long PG
Geplaatst door op
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10 comments:

  1. DivGuyMay 21, 2015 at 10:10 PM

    Good buy! Did it drop in price recently? I thought it was a little overvalued, but you sure get some quality in return.

    Cheers,

    Mike

    ReplyDelete
    Replies
    1. Dividend for StartersMay 26, 2015 at 12:35 PM

      It was trading close to their 52-week low figure. Currently, it's 3.33% up, compared to the 52-week low of $77.26. It could still be overvalued though, but as you said, I think the quality is worth it.

      Thanks for your comment!

      Best wishes, DfS

      Delete
  2. A Frugal Family's JourneyMay 25, 2015 at 7:30 AM

    Nice buy DFS...PG is on our watch list and we would love to own shares in the company one day. For now, we remain on the sidelines. Congrats on adding a bit more to that passive income stream of yours. :)

    BTW, we've added your purchase to our Collection of Recent Buys. Thanks for sharing. Enjoy the rest of your holiday weekend! AFFJ

    ReplyDelete
    Replies
    1. Dividend for StartersMay 26, 2015 at 7:02 PM

      Thanks for adding me to your Recent Buy list. It looks great! Must be pretty much work to keep that updated.

      I hope to be able to greet you as a fellow shareholder one day!

      Best wishes,
      DfS

      Delete
  3. DivHutMay 25, 2015 at 8:50 AM

    Love PG for the long term. Nice current yield too. I'm just not crazy about it's price/valuation at current levels. But I guess for the next ten or twenty years paying up for some quality doesn't hurt. Thanks for sharing.

    ReplyDelete
    Replies
    1. Dividend for StartersMay 26, 2015 at 7:53 PM

      Hey DivHut,

      The price/valuation rate might not be ideal, but the steady and slowly increasing 3.33% yield is very nice for this Dividend Aristocrat. If the price starts falling down, it's a good time to buy even more stocks, right? :)

      Thanks for your comment!

      Best wishes,
      DfS

      Delete
  4. Dividend DiplomatsMay 26, 2015 at 11:23 PM

    Great pickup here DfS! While their recent dividend increase was less than stellar, I still love the stock as a foundation for a dividend portfolio. Growth may be slow now, but time has shown that it will pick up again in the long run. At least that's what I am bank on haha

    Again, great pickup here and keep adding that dividend income to your portfolio!

    Bert, One of the Dividend Diplomats

    ReplyDelete
    Replies
    1. Dividend for StartersMay 30, 2015 at 9:03 PM

      Hey Bert,

      Thanks for visiting my blog and commenting!

      Let's keep that snowball growing. I do think their growth will be increase in the near future, as it has over the last couple of decades.

      Best wishes, DfS

      Delete
  5. AnonymousMay 29, 2015 at 11:18 PM

    Great buy. PG share prices have been on the decline for a while. $80 for a great company like PG is a deal.

    ReplyDelete
    Replies
    1. Dividend for StartersMay 31, 2015 at 11:37 AM

      Hey DD,

      Thanks for visiting & commenting, it's much appreciated!

      I sure think I have bought some value stock. We'll see what the future brings. Lots of dividends I would say.. :)

      Best wishes, DfS

      Delete

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