New Buy LEG

27 Sep 2018 21:51

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The markets contracted just enough to provide a buying opportunity as I added to my position in Legget & Platt (LEG) at $43.80/share and a dividend yield of 3.47%. This pickup will add $33 annually to my dividend income and inch me ever so closer to my long term goals.

This purchase was a pleasant surprise as I did not expect to make another buy this month with valuations where they were. REIT prices also retreated a bit after the fed rate increase announcement and I will admit I was tempted to pull the trigger on a few buys but resisted the temptation until prices come down further.

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