Why Did I Purchase This Dividend Paying Company For a Third Month in a Row?
by | Posted 3.25.2014 | Post Comment (No Comments)

I added to my position in Target (TGT) for the third month in a row, using my no cost brokerage Loyal3. Basically, I am evenly spreading my equal dollar purchases in the stock every month throughout 2014, rather than making two or three larger purchases. By now you probably also know that Target is a dividend champion which has managed to increase dividends for 46 years in a row. The company sells for 14.40 – 15.50 times forward earnings for 2014. The forward earnings range is $3.85 – $4.15/share.

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