Monday, September 12, 2016

Bought On Loyal3: TGT, VFC

Now that my mortgage is paid off and my emergency fund is rebuilt, this month marks the beginning of my plan to invest in dividend growth stocks aggressively.  My plan is to consistently invest every month in dividend growth stocks, regardless of how the stock market is doing.  I plan to invest when the stock market is at all time highs, and when the stock market is at all time lows.

On 9/7/2016, I purchased 1.4257 shares of Target Corp. (TGT) at $70.14 per share.  This is a dividend yield of 3.42%, adding $3.42 to my taxable dividend income.  Recently, I have been investing in TGT on my Loyal3 account since that is one of the stocks offered and I believe it is attractively valued.  The P/E ratio is pretty low and the dividend yield is above 3%, which is difficult to find in solid companies nowadays.

Additionally, on the same day, I purchased 1.6653 shares of V.F. Corporation (VFC) at $60.05 per share.  This is a dividend yield of 2.46%, adding $2.46 to my taxable dividend income.  This dividend yield is not as good as TGT, but this is another company offered on Loyal3 that I believe is attractively valued.  It has a long history of dividend increases similar to TGT, and it has also been increasing its dividend in the double digits.  More importantly, VFC is a company that has solid brands such as The North Face, Vans, Timberland, Jansport, Eastpak, Eagle Creek, Nautica, Wrangler, Lee, MLB, NFL, and Harley-Davidson.  In my opinion, this is a company that has really carved out a niche for itself in the apparel industry.

What do you think of my recent stock purchases?


  1. Nice purchases! we own both companies and nice to have you as a fellow shareholder.

    Thanks for sharing, best wishes and continued success! AFFJ

    1. Hi AFFJ,

      Thanks! I'm glad to know another fellow shareholder. It's also great to know that you see see value in the same companies.

      Thanks for stopping by and commenting.