The account was able to purchase shares of Realty Income from a dividend received this week. The purchase was made at no additional cost through a dividend reinvestment program the account is part of. Dividend reinvestment should be a pillar of anyone's wealth building strategy.
Shares of Realty Income Corp. (symbol O) finished the week at $43.41. That is a rise of $1.69 for the week. KDK Fund will continue to hold the shares.
Shares of Ford (symbol F) finished the week at $15.16. That is a decline of $0.08 for the week. KDK Fund will continue to hold the shares.
Prospects for the next purchase (likely sometime in late March or April) from the fund include Starbucks (symbol SBUX) and Verizon (symbol VZ).
KDK Fund is looking for companies that find the right balance of the following:
- providing a service or product for a profit that comes from product or service sales (not from tax deductions)
- provide living wages to all of their employees
- consistently improve their resource (environmental, etc.) impact policies
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