Monday, October 10, 2016

Recent Buy


On 10/06/2016 I averaged down significantly on shares of The Buckle (BKE) from my original entry point. I purchased another 45 shares at $21.68/share The sales have been sliding month after month, but the dividend appears safe with room to grow. The company also has a track record of 9 out of 10 years of paying out a special dividend in January. I bought on time for the October payment and will likely get a nice January boost to my dividend income as a result as well.

Photo Source:http://webpages.uidaho.edu/PTTE111-claa2396/

2 comments:

  1. Nice yield with this addition. While I'm familiar with BKE I'm not comfortable having this in my long term dividend growth portfolio. With such a juicy yield I'd expect to see this name in more portfolios among our fellow bloggers. Thanks for sharing.

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    Replies
    1. DivHut,

      Their sales have been doing poorly for many months compared to last year. I still think there could be some value in the long term with the dividends and share price though.

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