As we come into the last month of the third quarter I’m watching 2 main stocks this month. These are 2 small caps with room to grow.
Plow is Douglas dynamics which is home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer of vehicle attachments and equipment. For more than 65 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Our commitment to continuous improvement enables us to consistently produce the highest quality products and drive shareholder value. The Douglas Dynamics portfolio includes snow and ice management attachments sold under the FISHER®, WESTERN®, HENDERSON® and SNOWEX® brands.
It just made an acquisition to buy out a commercial truck outfitter.
Dividend is .94 cents a year with a yield of 2.9 has raised its divided by a cent a quarter last 5 years or so. I would not be surprised if I scrounged up some money for this company. It’s motto is come for the earnings stay for the dividend.
The second one is Din (dine equity) it owns Applebees and IHOP. Like the rest of the eating out industry it’s cyclic when times are tough less people eat out. They did cut their dividend during the last recession but have since rewarded those who stayed with better dividends since they upped them again.
Din pays a juicy 3.68 dividend which comes out to .92 cents a quarter and is current yielding 4.80.
Moth these companies have lots of room to grow and could potentially make more acquisitions to help the bottom line
Disclamer: I am not a professional stock picker or analyst. Make picks at your own risk and do your due diligence
Friends there are many ways to save money this post will tell of a couple of ways. There is a Kroger affiliated store close to me called Smiths. Most of my shopping is there followed by Safeway then Walmart then some dollar stores and a store called farmers markets. Read more Continue reading “Saving money”
Altria stock announced an 8% dividend increase this past week. This is how we achieve FI when eventually we hit that crossover point.
As a DGI person these are these dividend increases are what we look for. This increase will be paid in Oct.
Altria regular returns money to its shareholders as this is the 50th increase in 47 years.
As I own 74.9 shares this will add 13.47 dollars a year to what I already own.
Just shy of 2 hours of minimum wage for doing nothing.
Have to love that.
God bless and have a great weekend
Warren Buffet has a saying be fearful others are greedy and be greedy with others are fearful. i took his approach after finally learning the details of this lawsuit. Continue reading “Be Greedy”
a quick rundown of 2 buys i did today.
Today I bought 2 stocks as i looked and it looked like i missed the exdividend date on a stock buy for a company that payed next month. So as i was deciding i looked at one and the other one i wanted to add to also. Read more Continue reading “Two buys today MRCC and VOD”
I started investing in 2001. Invested casually throughout the years. I had the goal of getting stocks and hopeing they would do good. I started out knowing nothing and I still have most of that knowledge left. When we have a plan a downturn like 2008 and 2009 won’t deter us.
Even though I was down at that time I saw the big picture and really started pumping money in the stock market.
Friends would tell me to sell and move on but that wasn’t part of that long term plan and I’m a whole lot better off because I stuck to that long term mindset.
What I am trying to build is investments that will wether a long 2-3 year down turn I am not there yet but hopefully someday I will
Godbless you in your journey
This is the post excerpt.
This is my first post i have been investing since 2001 it has been a slow ride and bumpy from time to time but the end results will be worth it when i get there. Of course as allows my life and hopefully my posts will point to my life in Christ. I hope you all will enjoy my journey as we do this together