I opened a new position with the purchase of Whirlpool Corporation (WHR)
22 shares @ $112.60 on 10/31/2018.
This increases my forward 12-month dividend income by $101.20 to a total of $6,654.60
I also updated my portfolio page to reflect the change.
I made a YouTube video talking about how undervalued Whirlpool currently is. In that video, I talked about how the current earnings are expected to be this year but also in the following years. I also talked about the dividend yield and dividend payout ratio.
The most important part I talk about is how much undervalued Whirlpool stock is at the current price. So not only did I talked about how undervalued the company is, but I put my money where my mouth is with this recent purchase.
The only thing that really concerns me with this company is the small dividend growth history. Whirlpool has only been growing dividends for eight years. The good news is that it has never cut a dividend payment since it started paying out dividends in 1995.
Make sure to check out my video about Whirlpool Corporation and please Subscribe to my YouTube Channel.
What do you think of the company? Plan on owning it or already do? or why not?
Image by Sira Anamwong at FreeDigitalPhotos.net