Earlier this week I added to my KHC
position, nearly doubling its size. I initially bought 50 shares back in
April and have wanted to further grow the size of this position but have been
patiently waiting for the price to retreat below $60. Shortly after their
earnings release, I thought that my opportunity might not come again as
speculation arose that KHC might be a potential suiter for an acquisition of
Campbell's Soup Co (CPB), which I also happen to own. This speculation
combined with the KHC beating analysts' expectations for Q2 earnings led to a
one day jump in price, amounting to an +9% increase in stock price on August
3rd. However, as the past few weeks have shown, this valuation jump did
not last. Details on the purchase along with the updated valuation
metrics can be seen below.
Friday, August 17, 2018
Friday, August 10, 2018
2018 July Dividend Summary
July is in the books and the month of August is just flying right by. Of course, the fact that my wife and I took the kids on a camping trip down to California last week to camp with my wife's side of the family down in Malibu, CA likely contributes to the feeling of how time seems to be passing quite fast as of late. We camped at a state campground called Leo Carrillo State Beach and had a great time. We try to get down there every year, but have missed this venture that past couple of years. Now that I am back home and back to our routine trying to catch up in some respects. I feel like I have been inactive on the investing front, but I did make two separate purchases of AT&T (T) last month, but it feels like it has been longer than a few short weeks. Nonetheless, the dividends have continued to roll in and which of course is satisfying to see. Below the summary for July along with the YoY comparison.
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