Monday, June 22, 2015

Recent Buy

On June 22, 2015 I purchased 1.3416 shares of The Walt Disney Company (DIS) at $111.05/share. This is another regular recurring investment in my long term plan. The strategy is to build as many shares as possible of this powerhouse company. It continues to rise steadily, but I still believe it is a smart move since there is no limit to the price a stock can reach. A split in the future is not completely ruled out either. The yearly dividend can be raised also.

5 comments:

  1. Seems like a lot of people are getting into DIS. No doubt a great long term dividend paying stock with a great track record and future growth. Definitely a SWAN stock!

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    1. DivHut,

      Disney has done great since I invested in it back in 2009. Now with the raise and switch to a semi annual dividend instead of only once a year it has become a little more attractive from the income side too.

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  2. If Disney does intend to split, then you can be sure that it's stock will rise further. Historically speaking most stock splits occur during a strong uptrend.

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    1. Tony,

      That's good to hear. It's a win win I guess I'll either have a decent amount of shares accumulating it and collect the newly announced twice a year dividends. Hopefully I will have lots of shares by the time the split would occur.

      Thanks for adding that knowledge.

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