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Originally Posted by OpusX1
I recently bought JM Smuckers, SJM it is yielding 3.74. Has a history of raising dividends for over 50 years Seemed like a good play. not much risk, good yield.
i bought AFLAC, AFL is yielding 8.22. Love the yield not much down side as I paid less than 15. Plenty of cash so I think the dividend is safe for this year. Good company beat down by big insurance and banks.
I have been watching but have not pulled the trigger on GE. Seems like a great buy at under 10. Closed today at 8.47 and is yielding 14.6 after cutting the dividend. Traded as low as 5.75 last week. Great Company beat down by GE Credit. I think I will gamble on 1000 shares soon.
What are you thinking?
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I own SJM, as a result of Procter and Gamble sending Jif to live there several years ago, and holders of PG got Smuckers along with the deal. Folgers is going from PG to Smuckers, too, I think. but I have not paid attention to the details of that. There was an exchange available last fall, as I recall. Hey, what is not to love about a company whose address is One Strawberry Lane?
I understand what you mean about pulling the trigger on GE. I am watching that one, too. They are perceived as a financial I guess, and they sure are getting beat up. But so far, I have not bought any. I used to own it, but got rid of it long ago. That price is just weird to me for GE.
Meanwhile I am watching Kraft, and I think I will buy some soon. I also think about 3M. And then there is Waste Management (WMI).
I currently own a couple of utilities, but I am thinking about maybe getting a third one, but I do not know which one. Any thoughts on that?
Maybe I had better stop just thinking and do something with that online account I set up last week. I have never traded on online before.
(Please keep in mind that I know absolutely nothing, and nobody should pay any attention to me at all.)
Boomer