Today I initiated a small position in FLO.
- FLO: 120 shares @ $14.62 Yield 4.38%
Total capital invested is $1760.93 and will add $76.80 to my yearly dividends.
If FLO drops below $14, I will most likely double down on the position.
I have been watching HRB closely as well and it is drifting near its 52 week lows. The yield has now reached 4%. People will always pay taxes and the tax code will always be confusing to most, so I think HRB will weather their temporary operational storm.
Forward dividends are around $3600.