(11-05-2014, 10:40 AM)earthtodan Wrote: Nice add, I looked at ROK a while ago but it didn't jump out at me among the field of other industrials like ETN, UTX, PNR, etc., and it appears to trade at a slight premium. What made you pick this one?
ETN : I sold my position in ETN in August. I don't keep a trade diary or notes ( I really should ) so I'm not sure why I sold. Most of the metrics look pretty good except for rising share count, rising EV / EBITDA and a not great ROIC
UTX : I already have a seed position in UTX and I didn't add to it because the near term growth looks a bit anemic
PNR : I don't think I've ever looked at PNR. Perhaps the lower current yield always removed it from my screening. What happened in the last 5 years to make the share count double as well as the EPS? Current EPS = $1.26 and next year EST EPS of $4.44 ... is that right?
(11-05-2014, 10:19 AM)rapidacid Wrote: Current yield 2.1%. Expect ~12% bump before 2015
No joke, this came across the wire 5m ago:
Quote:Rockwell Automation declares $0.65 dividend • 11:56 AM
Rockwell Automation (NYSE:ROK) declares $0.65/share quarterly dividend, 12.1% increase from prior dividend of $0.58.
Forward yield 2.36%
Payable Dec. 10; for shareholders of record Nov. 17; ex-div Nov. 13.