With a nice run up in the market lately, I chose sell my whole position of Kellogg Co. (K) out of my portfolio. Now, it wasn’t a big position by any means, but I must admit it, it has NOT been a great nor good investment. It was a positive investment overall, but when accounting opportunity loss, I believe the money invested in this company worked subpar to say the least. Either way, I believe better investment opportunities exist elsewhere where my capital can appreciate in value and return higher dividend growth rates over time. I am out of this one folks!
- 5 Straight Years of Decreased Revenues
- Annual Dividend Growth Rates are Too Low
- Not Really Sure Where Business is Going
I sold all 17 shares of Kellogg Co. (K) for the price of $72.29 per share for a total recoupment of $1,228.93 subtracting of around $38.08 to my annual dividend income.
The Portfolio “The Dividend Machine” has been updated with link ➡️ here.
Thank you for reading & have a great day!