I “Just Did It” And Finally Made The Nike Plunge

If you’ve done much reading on this site, you are probably aware that I enjoy keeping watch lists on various sectors of the stock market.  Nike Inc. $NKE not only resides on the consumer discretionary sector watch list, but  has also made appearances on some of the high growth lists I’ve put together as well.

While Nike has been on my radar for some time, I have avoided purchasing it for two reasons:

  • Valuation: Nike has generally traded with a PE in the high-20’s since I built my dividend growth portfolio in early 2013.
  • Low Yield: Nike pays out just 30% of its earnings in dividends, which results in a yield below 1.5%.

Continue reading I “Just Did It” And Finally Made The Nike Plunge

5 New Dividend Boosts Have Me All Smiles

I am all smiles after a handful of dividend increases were announced in the DGI For The DIY portfolio. Over the last two weeks, 5 more companies declared new dividend rates, providing me with another nice boost to my income.

With these increases, ten of the eleven companies from my portfolio dividend growth projections have now made announcements. I previously wrote about the increases from Polaris Industries, Church & Dwight Co. and Gilead Sciences, and Coca-Cola and Dr Pepper Snapple. Today I will give my thoughts on the most recent increases coming from Xcel Energy Inc. $XEL, Ross Stores, Inc. $ROST, GameStop Corp. $GME, Digital Realty Trust $DLR, and QUALCOMM Inc. $QCOM.

Continue reading 5 New Dividend Boosts Have Me All Smiles