Polliesdividend

Recent buy – 3M Company – December 2018

A new buy for my Vrijheid Fonds.

This month we saw a nice dip in the market. And with some money left in my broker account I couldn’t resist to pull my buy trigger.  I averaged down one of the Dividend Aristocrats I own. This week I made my sixth buy in 2018 for my Vrijheid Fonds.

In the spring of this year I did an analysis of 3M. If you haven’t read my analysis, please take a look at this post about 3M Company (MMM) Stock Analysis Pollie Style – 2018.

 

www.polliesdividend.com

 

Purchase

This week I bought 6 shares of MMM at $187.43 per share (incl. fees).

With this buy I added a little bit more than €24 (after taxes) of projected dividend to my Vrijheid Fonds. Now I own 15 shares of 3M and this position produces € 61 ($69) after taxes in dividend income annually.

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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10 thoughts on “Recent buy – 3M Company – December 2018

  1. DivvyDad

    Nice purchase Pollie, I’ve been looking to add to my MMM position as well. The other day I had a limit order set at $182 that didn’t execute and now I’m patiently watching to see if it drops anymore.

    Hard to complain about adding a company like this at these price levels!

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