Recent Buy: 2/2/18
Today, I purchased 19 shares of AAPL (Apple Inc.) for $163.32/share or $3,103.07 in total capital. I had 0 shares of AAPL prior to this purchase. This increases my forward dividends by $47.88/year.
Although not a purist’s “dividend stock,” AAPL is a solid company that over the past few years has been increasing it’s dividend payout by nearly 10% yearly. That’s about as much as you can ask for, especially coupled with the natural growth of Apple as a business which should translate into increased share price. The price of AAPL is also at a near 6 month low, which looks like a good entry point to me. Throw in a quarter of disappointing iPhone sales, and you have a great company at a pretty good discount!
Forward Yearly Dividends: $1006.56