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Strategies & Market Trends : Dividend Growth Investing and chit chat.
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From: rnsmth1/29/2022 10:10:41 AM
4 Recommendations

Recommended By
Fredbean
ontherancocas
red cardinal
The Beard

   of 2146
 
Me and LMT

I had owned it before and made a lot of money on it. Sold when its dividend yield went down low and used the proceeds to increase our portfolio income.

Put it on a watch list and started buying again when the yield went over 3% - that purchase was in January of 2021. Added a bit to it, and then last month I added quite a bit. Funds invested equals a full weight position. The 15% gain in the position brought it overweight.

I am happy to have it back in the portfolios. SSD says it is still probably undervalued, but my plan is just to watch it grow and collect dividends for some time.
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