Wednesday, January 24, 2018

Recent Buy -- SO


Today I initiated a position in SO.


  • SO:  100 shares @ $44.11 --- Yield 5.26%

Total capital invested is $4417.69 and will add $232.00 to my yearly dividends.

Forward dividends are $1367.

DEFY MEDIOCRITY

14 comments:

  1. Are you concerned about their debt load?

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  2. WOW! SO is still trading in 40s. Not much of price appreciation, but definitely a good dividend player.

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    Replies
    1. dg,

      Definitely solid on the dividend front. Love seeing some price declines in the utilities.

      MDP

      Delete
  3. Great Bobby Orr score Big Guy! I bought two bucks higher and have a limit order queued for the high 30s.

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  4. MDP -

    Add a few hundred in forward income here, add a few more there. Congrats on the add!

    -Lanny

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    Replies
    1. Lanny,

      Thanks buddy! Hopefully this recent pullback continues.

      MDP

      Delete
  5. Nice buy. Good yield low forward P/E. Utilities are quite cheap these days :) SO is not that high laveraged 6x Debt/EBIDA ok for utility. D and DUK has more debts if compared ~8 D/E now thats a bit high.

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    Replies
    1. P2035,

      Thanks for stopping by and commenting. I appreciate the info on D & DUK.

      MDP

      Delete
  6. MDP making moves! I keep going back and forth between a few utilities and this is one on my list. I'm hoping to make a buy this week.
    -MH

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    Replies
    1. MH,

      Hope you got your buy in. The market is finally starting to create some opportunities.

      MDP

      Delete
  7. I picked up a few SO shares yesterday as well to add to my existing position. Glad to see you back in action. I hope we continue to see a pullback in prices like we have the last couple of days. Market is a little to rich for my liking. There are of course a few decent valuations here and there like SO.

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    Replies
    1. PIV,

      We're finally starting to get some movement down in the markets. Hope you find some values out there.

      MDP

      Delete