|Wharf Tavern, Warren RI|
The following stock orders have been executed for this week:
.61 Shares of VIAB @ $81.15
.56 Shares of DIS @ $89.88
.89 Shares of KRFT @ $58.90
Total Capital Invested-$150.00
I want to start off by saying that I am very excited to start a position with Kraft (KRFT). I just found out that Loyal3 has added KRFT to the line up of stocks that is already offered. I am now able to start adding small $50 incremental purchases in another great dividend producing stock. It's also no surprise to see that I bought more shares of Disney. Disney is one of my favorite companies and I will continue to add shares before the Star Wars movie make it's debut. Another company that doesn't get much love within the dividend investing community is Viacom. This is a very well diversified company and I understand the dividend yield is low but the long term growth for this company looks good. Now let's take a look at some key points on why I choose to invest in the above mentioned companies.
- The dividend yield is very attractive at 3.8%
- The current valuation of Kraft makes it attractive at a current P/E ratio of 12.81.
- Net income increased by 65% in 2013 and has paid $2.05 per share in dividends in the same year.
- Growth potential for KRFT still remain a solid long term investment. I have no doubt that KRFT will be able to grow faster than it's peers due to it's dominance in the food sector.
- More growth is anticipated with the Shanghai Park to open before the end of 2015.
- I am cheerful about the latest movie successes thanks to the great deal to acquire Marvel.
- DIS outperformed the S & P and it's peers in the last 12 months.
- I strongly believe in holding this one for a few decades and quietly watching it help compound my wealth and dividend income.
- Media giants are gaining tremendous cash flow and I am beginning to realize this after 21 century Fox tried to acquire TIME WARNER.
- VIACOM has the lowest P/E RATIO (15.21) compared to it's peers.
- A healthy balance sheet so investors can rely on the company to maintain great returns for years to come.
Do you currently own any of these companies? How do you feel about these purchases?