I made a new buy and bought The Southern Company for my Vrijheid Fonds.
Last week I did my analysis on The Southern Company (SO). Southern Company is, as I wrote in my stock Analysis, an interesting choice. It is not a company that will generate double-digit returns. I think with total returns of 7% to 8% a year in combination with low risk and low volatility makes Southern Company a good addition to my Vrijheid Fonds.
On the basis of this information/research I took action.
Last week I bought 50 shares of SO at $47.69 per share (incl. fees). With this buy I added a little bit more than €42 (after taxes) of dividend to my Vrijheid Fonds for this year. The projected dividend income for 2017 for my Vrijheid Fonds is €3,073. Again a small step in my journey. And one-step closer to my goal.
Has anyone else invested in this company recently? What are your thoughts about Southern Company? Leave a comment
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