01-11-2014, 09:28 AM
Hey aagha!
I agree with Eric that next earnings could provide a nice opportunity to get into TGT, at a slightly higher yield. I agree the initial yield is not super exciting, but it isn't too bad, especially in light of the very solid dividend growth rate. Since I started buying TGT above $70, I can't really complain about prices in the low $60s!
While you wait, if you are looking for a good value with better yield, check out PM. If I wasn't already so overloaded with tobacco, I'd be backing up the truck on PM right now. If it keeps going down, I'll likely buy some more anyway.
I agree with Eric that next earnings could provide a nice opportunity to get into TGT, at a slightly higher yield. I agree the initial yield is not super exciting, but it isn't too bad, especially in light of the very solid dividend growth rate. Since I started buying TGT above $70, I can't really complain about prices in the low $60s!
While you wait, if you are looking for a good value with better yield, check out PM. If I wasn't already so overloaded with tobacco, I'd be backing up the truck on PM right now. If it keeps going down, I'll likely buy some more anyway.