I purchased a new company for my portfolio Qualcomm, Inc. (QCOM).
23 Shares @ $53.25 on 5-3-2017
This will increase my forward 12-months dividend income by $52.44 to a total of $3,546.10
I updated my Portfolio to reflect the change.
QCOM have been having a lot of bad news lately, but that is when the best time to buy a great company. The dividend is safe with a payout ratio of 70.67%. This is a little on the high side but that is ok. QCOM is expected to increase earnings with current PE of 18.12 vs forward PE of 13.19. The dividend yield is currently sitting at a very high level at 4.18% vs the 5-year Avg of 2.44%. Which makes it a great time to buy.
Thanks for reading.
Do you like QCOM at these prices? What have you been buying?
Image by Sira Anamwong at FreeDigitalPhotos.net
Welcome to my Blog. Here I like to talk about the two things that I am very passionate about which are Investing and Traveling. Please feel free to explore the site and check out the About Me page for more information. Thank you for visiting. 
[…] find QCOM to be a great buy at these level. Matter fact this is my second buy of QCOM. My first buy was a few weeks ago. Here are some numbers to prove why I think it is a great buy right […]
[…] first started the month of May by initiating a position with QCOM. I still feel QCOM is undervalued, but I would not add any more shares for now because towards the […]