Tuesday, July 22, 2014
Weekly Purchase - DE
1 share GE, 3.38% yield, $.88 annual income (FRIP purchase)
Deere & Company again. I now control 38 shares and will consider adding more until somewhere around 50 to 55 shares. That number could go up it's not set in stone or anything. DE has a dividend weight of 1.48% at the moment. Building it up slowly but surely.
I'm planning to do a purchase in my ROTH IRA and have been eyeing GE or GPC as potential candidates. It would be awesome if share prices dipped on either of those names.
Norfolk Southern (NSC) announced a 5.6% raise from $.54 to $.57 per share each quarter. This marks the second 2014 dividend increase from NSC for a total of 9.6%. I'm very happy with this railroad giant.