The first purchase of the Fund was made today. Shares of Realty Income Group, symbol O, were purchased. The cost of the shares before commissions and fees was $38.57.
The monthly dividend income per month from this trade will be $0.1825 per share. The monthly dividend per month total for the account is averaged out to be $0.1825 per share.
The reasons for the purchase are below:
- There is a monthly dividend paid.
- There is a decent probability of a dividend hike
- There is a decent probability of stock appreciation from the current price
- They have a good business ethics policy
The Fund is now on the lookout for its next purchase. The projected date of the next purchase should be in the next 4-6 weeks. Candidates include Ford, and Starbucks. If you can think of any other companies that KDK Fund should look into, please email to firstname.lastname@example.org.