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.
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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.
ReplyDeleteDivHut,
DeleteTheir 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.