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?