Know What Is Going On!

Recent Buy: Ford Motor Company

Founded in 1903 and based in Dearborn, Michigan, Ford Motor Company (NYSE:F) manufactures and distributes automobiles worldwide. The company has around 62 plants across the world and offers vehicles primarily under the Ford and Lincoln brand names. Ford sells its products through distributors and dealers, as well as through dealerships to fleet customers. The company provides vehicle financing products through a wholly owned subsidiary, Ford Motor Credit Company LLC.

I already own 170 shares of Ford, which I bought in November 2014 at an initial yield on cost (YoC) of 3.96%. YoC for the 2 buys is 4.9% and 5.1%, respectively, and the average YoC of my Ford holding is 4.64%.

With these buys, Im increasing my total share count to 600 and DivGros projected annual dividend income increases by $258 to $7,535.

The companys 10-year price history is shown in the following chart, along with my buy prices. The stock is underperforming the Samp;P 500 by a small margin.

Comments are currently closed.