Wednesday, September 28, 2016

Recent Buy

Boeing 757-200

On 09/28/2016 I purchased 32 shares of Delta Airlines Inc. (DAL) for $39.35. This is not a high yielding stock , but a rapidly growing dividend. They recently raised the dividend 50% from $0.135 to $0.2025. The company also recently started paying a dividend only since September of 2013 and consistently has increased it every year. I believe safe and efficient traveling is necessary and Delta provides that for many of their customers. There is also a rewards credit card exclusively with American Express (AXP) The annual fee is a bit of a turnoff to some, but the card also offers some excellent Skymiles benefits.

Disclosure: Long DAL (also have an Amex Skymiles card and account)

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