A blog about dividend investing and financial independence for a person supporting a 7 person family on one income. My goal is to be retired at age 55 to pursue other passions in life and rely on a passive income stream generated from dividends.
Newcomers to the list
include Finish Line - FINL (Shoes/Apparal).
Several others that have been off and on the list like my favorite
Archer Daniels Midland - ADM (food anyone?) are back. The discretionary sector is my least favorite
because many of these companies do well when times are well. I consider this to be a good time in the
market so why then are 4 out of my top 10 in this sector. I can only guess the mega monsters Amazon and
Walmart are hurting everyone else. There
was a 13D filing for FINL as Sports Direct
International plc now has a 17.4% ownership stake of the company. Maybe that has scared away investors and
drivin the stats down to where it now looks like a good deal.
If you have been
following my watchlist you will notice that Span-America Medical Systems is off
the list. The stock took off as a merger
with Savaria Inc. is in progress. They
are asking all shareholders to tender their shares for $29.00 per share. That explains allot regarding no dividend
hike last calendar year. Since they were
on my watchlist I did end up purchasing them a few months back. The stock has close to doubled now so I have
to figure out what to do.
Watchlist #11-20 in
case you want more!
Altria Group Inc.
Tanger Factory Outlet
Weyco Group Inc.
Genuine Parts Co.
Overall my watchlists
have been about avergage (keeping up with the S&P 500.) Last year was still a great year as the
returns all double digit. Being a
dividend growth investing the price really doesn’t matter to me but it is a
nice thing to know you got a deal.