Monday, February 16, 2015

Trade - Buy

I add a new position in Johnson & Johnson (JNJ)

13 Shares @ 98.50 on 2-3-2015

This will increase my forward 12-months dividend by $36.40 to a total of $2,185.12

I updated my Portfolio to reflect the change.

I find JNJ to be fair value. It has a current PE of 17.5 and a forward PE of 15.7. Its dividend payout ratio is 46%. This leaves a lot of room for JNJ to continue to grow its dividend.

This year EPS is estimated to be $6.21 compare to last year EPS of $5.94. Next year EPS
is estimated to be $6.55

If JNJ continues to be under $100, I will continue to add.

Morningstar (***)
S&P Capital (****) Fair: $68.70
Yahoo Fair: $75.50

Like JNJ at this level? Do you own it?


  1. Great buy! I just added some more like 5 second ago! ;)

    1. Thanks!! I read your post. You really loaded up fast.

  2. Hi there!
    Good buy!
    I have been waiting for some discount on JNJ for quite some time now, it seems it does not going to happen anytime soon. Maybe its better to be in than out. Anyway ty for sharing this.

  3. Nice purchase at a great price. Some of the bloggers out thee are bagging on JNJ, not sure why. I am just waiting for my 2014 ROTH to fund, then I am right behind you.