Recent Buys: Feb 2017 and March 2017
Hello everyone, I am in the midst of what I expect to be my best dividend month ever, so I am happily collecting the money as it is delivered. What made that possible, however were the buys I made in recent months, so I thought I'd take some time to review them, and go through my reasoning for the purchases. Perhaps others can get some ideas from this to see if they would like to perform further research on these companies to see if they might be good additions to their watchlists. I keep an extensive Google spreadsheet listing companies I own (24), and companies to keep an eye on (about 70, and adding to this frequently). I record various metrics (P/E, Shiller P/E, P/E histories, Industry P/Es, EPS growth rate, Dividend Growth Rate, Chowder Number, Beta, Payout Ratio, etc), and compute an average fair value based on various valuation metrics (I usually target a price 90% or lower than this calculated value to be a candidate for purchase), as well as provide a combined ranking ...