I attempt to screen and purchase undervalued dividend growth stocks. These companies have increased their dividend for at least 15 years and have a lower than average price to earnings (PE) ratio, a higher operating margin, a low price to book, a reasonable dividend yield and payout ratio. This is easily my favorite part of my financial empire.
Just like tracking my net worth, I think it is important to keep myself accountable (to myself) with regard to keeping myself on the right path. My November 2016 Investment Activity My Undervalued Dividend Growth Stock Purchases November, like most months, I made my normal $500 purchase plus my option income for the previous month($176.50): On 11/16/2016 I bought 17 Shares of CTBI at $41.55 ($-713.35 purchase). This added to my 15.132 shares I already owned. From Google Finance: Community Trust Bancorp, Inc. (CTBI) is a bank holding company. The Company operates in the community banking services segment. The Company owns a commercial [...]