CFFN Buy

Today i took the plunge on another stock. it is a bank stock I only have 2 but am getting weighted in financials. But not nearly as heavy as tech so this will help leverage out a bit. Was going to wait but decided to pull the buy today and was thinking about going with Cim after their raise but decided to stick to my plan for now. Sometimes though in investing i think plans can and should be altered.

Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts various deposit products comprising savings accounts, money market accounts, interest-bearing and noninterest-bearing checking accounts, and certificates of deposits. It also provides various loan products, such as one- to four-family residential real estate loans; construction-to-permanent loans secured by residential, multi-family dwellings, and commercial real estate properties; consumer loans comprising home equity loans and lines of credit, home improvement loans, auto loans, and loans secured by savings deposits; and multi-family and commercial loans. In addition, the company offers mobile banking, telephone banking, and online banking services, as well as bill payment services; operates a call center; invests in various securities; and serves as a mortgage reinsurance company. As of September 30, 2015, it operated a network of 47 branches, including 37 traditional branches and 10 in-store branches located in Kansas and Missouri. The company was founded in 1893 and is headquartered in Topeka, Kansas.

So i I bought a nice not so round number of 105 shares for $1,510.51. Wasnt looking for for a NOV time frame stock but it fell in my lap so i bought it. CFFN pays .085 cents a share. whicj will add 8.92 a quarter or 35.7 a year. this comes out to a 2.35 percent dividend yield  nothing to write home about but it will be a nice addition to my profile. This brings me up to 34 Wonderful dividend paying companies.

Have you bought anything lately?

Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

8 thoughts on “CFFN Buy”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s