Stock Purchases: CMI, GPS and HSY
Dividend Retirement Portfolio Purchase: I am currently in the process of converting 65% of my 401k account to dividend growth stocks, which I am calling my Dividend Retirement portfolio. This is the portfolio that will hopefully pay for my early retirement and then will be passed on to my children. As part of this 401k conversion I recently initiated a position in Cummins Inc (CMI). For a detailed analysis on CMI, please read my recent post, “CMI Dividend Stock Analysis.” Here are some of the highlights: CMI dividend yield is 2.2% Average 5 year annual dividend growth is 32% Earnings...
