Last week, the fund was able to purchase more shares of Ford. The price paid for these shares was $12.03. This brings the pre-dividends received price to $13.71 per share.
Some reasons for the purchase are below:
- Lower than normal stock price
- New shares are eligible for the special dividend
- Dividend increase in Ford of 66% (without special dividend) from the previous quarter.
**All
posts on this blog are information and opinions only. They are not to
be considered recommendations to buy or sell any security. Please do
your due diligence first before trading and investing. Please direct all
questions and comments to the blog or to kdkfund@gmail.com or on
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