Polliesdividend

Recent buy – Franklin Resources

I made a new buy for my Vrijheid Fonds.

Last month I did my analysis on BEN. This week I looked at BEN again. Franklin Resources has had a record of paying consecutively rising dividends for thirty-four years, and is one of the S&P 500 Dividend Aristocrats. I think that Franklin Resources’ dividend is sustainable in the medium-term and its current valuation is very attractive.

On the basis of this information/research I took action.

Purchase

This week I bought 50 shares of BEN at $36.217 per share (incl. fees).

With this buy I added a little bit more than €6 (after taxes) of dividend to my Vrijheid Fonds for this year. The projected dividend income for 2016 for my Vrijheid Fonds is €3,055.

Again a small step in my journey. And one-step closer to my goal.

Has anyone else invested in this company recently? Any feedback is greatly appreciated!

Cheers,

Pollie

 

DISCLAIMER: I’M NOT A REGISTERED INVESTMENT ADVISER, INVESTMENT PROFESSIONAL, BROKERAGE FIRM OR INVESTMENT COMPANY. READERS ARE ADVISED THAT INFORMATION ON THE WEBSITE IS ISSUED SOLELY FOR INFORMATION PURPOSES AND NOT TO BE CONSTRUED AS AN OFFER OR RECOMMENDATION TO BUY, HOLD, OR SELL ANY SECURITIES. ALL INFORMATION, OPINIONS, AND ANALYSES INCLUDED ARE BASED ON SOURCES BELIEVED TO BE RELIABLE, BUT NO REPRESENTATION OR WARRANTY IS MADE CONCERNING ACCURACY, CORRECTNESS, TIMELINESS, OR APPROPRIATENESS. PLEASE CONSULT WITH AN INVESTMENT PROFESSIONAL BEFORE INVESTING ANY OF YOUR MONEY.

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