April is 3/4 way over, and man this year has gone by so quickly.
We took a trip to DC 2 weekends ago, and we’ve just taken another trip to Hot Springs, VA. The stay at the Omni Homestead Resort was sensational. LOL hihiih… We booked the Spa for the first time and it was well worth it. We love hiking, so this was a nice spot for it as we climbed straight up the mountain, then dipped ourselves in the very same hot tub that Thomas Jefferson and past presidents and families enjoyed. hihiih… All for the price of almost … nothing. It was Mr.W’s business trip and I tagged along for free. We had to pay for our last night and our spas.
Taxes was done 1 week prior to the IRS website crashed. Last year, I had to pay so much taxes that this year, I decided to wait until the very last week to file. It turned out, I overpaid my taxes in 2017, so I got some money back. **Cheers!**. I’ll use this money to add on to my student loan paying back fund.
On the rental front, my one empty unit will have 3 guys moving in this weekend. Hopefully, everything will go smoothly.
On investment side, my 401K is almost back to the January peak level, so it’s not too bad.
I’m trying to upload the photos but the file is huge. I’ll work it out and post some beautiful spring photos later.
Back to $KMB
Yield is 4% is pretty decent. down 30% from its 52-week high from $134.30 to $100 signifying a good entry point. I might have to average down if it fall into the low $90s.
As long as my hospitals and all the hospital in the US is continuing to use KMB’s products (Huggies. Kleenex. Scott. Kotex. Cottonelle), the company is not going anywhere.
Some dividend bloggers are guying KMB too are:
- KMB: 20 shares @ $111.71 — Yield 3.47%
Buy in USD – Kimberly-Clark Corporation (KMB)
Trade Price: 122.25
10 shares @ $111.80 on 3/12/2018
Recent Stock Purchase April 2018 – DivHut.com
8.0358 shares at $99.55
5 shares at ~$109
Despises all the risks, KMB is still an aristocrats.
- Raw material fluctuations pose another risk. Cellulose fiber is the primary raw material for Kimberly-Clark’s tissue products and is a component of diapers and incontinence care products.
- Competitive developments in emerging markets such as China are another risk factor to monitor.
- Kimberly-Clark’s markets are very competitive, and the strong U.S. dollar only adds to challenges faced by domestic manufacturers who export some of their products.
Kimberly-Clark raised its dividend by 5.4% in early 2017, marking its 45th consecutive annual dividend increase. The company has paid dividends for more than 80 consecutive years and increased its dividend by 6.5% over the last decade.
Beside, I don’t mind sinking $1000 for 10 shares, yielding at 4%, I’ll get my $40/year is not too bad.
Stock buying wishlist, or active wishlist… Waiting for GE to drop back down if Warren Buffett buying turned out to be a bust.
DIS if earning disappointment or going toward streaming is not applicable… Netflix is going to buy a chain movie theater, while Disney wants to give customer streaming service.
Dominion power – if it continue to fall below $62, I’ll keep buying to average down.
What do you think about the buy? Do you have any and planning on adding more as KMB struggling?