Recent Buy – VGR

I’m looking for companies that are fairly valued, have a decent dividend yield (3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

With market setting all time highs, it’s getting difficult to find companies at fair valuation. I added small positions in following company in month of April, 2017:

1) Vector Group Ltd. (VGR)
Market highs are keeping me edgy, however, I decided to pull a defensive play like VGR. Added 25 positions in VGR on 4/17 at $21.10. It’ll add $40.00 of passive dividend income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

6 thoughts on “Recent Buy – VGR

  1. I think the market highs are keeping everyone on edge but the buying should continue. Awesome current yield you picked up with VGR. At that rate it’s easy to add a nice chunk to your passive income stream. I’m always happy to read about a buy during these times as many have stopped or even partially or fully sold out.

    1. Hi DivHut,

      Could not agree more: show must go on 🙂 I’ve been at it now for so many years, sometimes adding little here and little there. Now, market is feeling frothy, could be close to peak.

      Thanks for stopping by and commenting!

    1. Hi InvestmentHunting,

      That will be awesome if it hits that price. I’m a bit cautious recently in buying the securities as market is attaining giddy heights and we need to really stick out our neck to see it, tough to buy in this market with VIX at 24 yrs. low.

      Thanks for stopping by and commenting!

    1. Hi DividendMongrel,

      I’m not adding to HCP, but, holding on to what I’ve got. OHI is a solid buy and in my watch list.

      Thanks for stopping by and commenting!

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