KMB--Lot of chatter on SA and here about KMB.
As a result, I looked at my position, its return, yield, dividend growth and sold it all today. I had a little gain, nothing much, but it was a pretty big position, so I have some decisions to make about investing elsewhere.
Rarely do I sell something without knowing where I am going to put the money, but I did that today. KMB was already on my list of "potential" sells due to performance and dividend growth so I made the move. BMY is likely next.
It will pretty easy to recoup the income lost from selling KMB -at a fraction of the investment -, but I'd like to find a 5, fiver to replace it.
5% yield, 5% dividend growth last 3 year. Not a 5% average over 3 years, actual 5% increases each year. It would be nice to get something undervalued too.
I have some close qualifiers in my portfolio already, but none I see as undervalued.
Any tips on tickers with 5% yield, 5% increases last 3 years would be appreciated. |
