Hello everyone, as I wrote in my article about VFC a couple of days ago I am seeing a potential buy in this stock. So I finally bought 27 shares of VF Corporation. This is now my 30st company in my portfolio which now has a value of 42 941.16 EUR.
In the last 1.5 years the price of VFC dropped heavily from its peak of 77.39 USD to its low at 51.33 USD (considering the last 5 years).
After all I bought 27 shares at a price of 51.67 USD, this makes it a yield of 3.25%. It will add 45.36 USD to my annual dividend income, considering a dividend of 1.68 USD.
My new dividend Income
Before taxes my forward full year dividend income is now at 1 549.59 EUR with a yield on costs of 3.90% and after taxes it is at 1 116.84 EUR with a yield on costs of 2.81%. That is an average of 93.07 EUR per month.
My goal until the end of 2017 is to have a dividend income of 1 400 EUR after tax.
Please be aware this might vary considering the changes in the exchange rate USD to EUR.
What do you think about VFC? Do you also have it in your Portfolio?