02-06-2015, 03:54 AM
(02-05-2015, 08:38 AM)hendi_alex Wrote: My first buy of PG will come at under $65 when the yield crosses 4%. I love PG and would love to own it, but only at the right price.I too would be happy to buy PG with a 4% yield but I don't see it happening anytime soon, of course everything is possible. However to get there we might need a 2008 type of crash and for those situations I do have the extra money at hand, as well as the possibility to get leverage instantly.
Unfortunately this website requires registration if you want to see further than 5 years back, but here you have the dividend yield for PG.
http://ycharts.com/companies/PG/dividend_yield
The PG I have in my portfolio is from somewhere between $80 and $85 and I don't mind getting more for the same price. It probably won't be the best buy I ever make but in the long term it will be profitable, which is better than having cash in my pockets. In fact, if the oil industry wouldn't have some buy opportunities in it I would have probably already grabbed some PG during the early days of the month when it was hovering around $85.