Finally received my first dividend raise of the year from Fastenal (FAST) who dished out a beautiful 12% raise. Markets still not yielding much but when they do I try to react and buy. Here is my lone buy for the week.
- Pepsico (PEP) – increased position – Slow restaurant sales continue to hurt Coca Cola (KO) and Pepsico PEP as their share price has been weakening. I realize KO has the better dividend yield, however, I prefer PEP’s more diverse portfolio of products beyond soft-drinks. Picked up 3 shares @ $138.31 for a 2.95% yield