Today I initiated positions in Orchids Paper Products and Disney.
- TIS: 60 shares @ $28.28 Yield 4.95%
- DIS: 17 shares @ $97.45 Yield 1.46%
Total capital invested is $3367.33. The combined yield is 3.21% and will add $108.14 to my yearly dividends.
After recently reaching $36 a share, TIS has finally started coming back to earth so I took the opportunity to pick up some shares around the 5% yield range. The DIS dividend yield isn't overly impressive, but the 10 year 23% annual dividend growth rate is off the charts.
I have been watching FLO recently as well and it's dividend yield is approaching 4.5% so I may initiate a position fairly soon. I don't know if it the yield will reach 5% or not, but I would definitely be a buyer there.
Forward dividends are $3500.00