| | | Re: Old Folk Portfolio ... Add on buys.
Today I added $1K each to CMI .. NDAQ .. NKE.
These are relatively new positions in this portfolio and it is my wish to keep building these positions up in size one small step at a time.
A full equity position in this portfolio is $150,000. With the add on on buys today, the current position size of today's purchases are:
CMI ....... $6,922
NDAQ ... $7,145
NKE ...... $5,731
Dividend growth did play a part in wanting to own these companies.
CMI has a 98 Very Safe dividend rating according to Simply Safe Dividends. The yield is 2.47% and the 5 year dividend growth rate is 9%.
NDAQ has a 61 Safe dividend rating. The yield 1.09% and the 5 year dividend growth rate is 17%.
NKE has a 99 Very Safe dividend rating. The yield is 0.68% and the 5 year dividend growth rate is 12%.
Cummins Inc. (CMI) designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Nasdaq, Inc. (NDAQ) operates as a technology company that serves capital markets and other industries worldwide. It operates through four segments: Market Services, Corporate Platforms, Investment Intelligence, and Market Technology. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services.
NIKE, Inc., (NKE) together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team, and league logos, as well as sells sports apparel |
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