A new buy for my Vrijheid Fonds.
Last week I made my fifth buy in 2018 for my Vrijheid Fonds.
In the summer I did my analysis of Franklin Resources (BEN) and after the dip in the market last week, I decided to pull my buy-trigger. If you haven’t read my analysis, please take a look at this post about Franklin Resources Inc. (BEN) Stock Analysis Pollie Style – 2018.
This week I bought 56 shares of BEN at $29.17 per share (incl. fees).
With this buy I don’t add any dividends for this year.
The 56 additional shares will add approx. $44 (after taxes) in dividend income to my forward income. Now I own 106 shares of the company and my position produces € 72 ($83) after taxes in dividend income annually.
The projected dividend income for 2018 for my Vrijheid Fonds is €3,472.
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!
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