Today I initiated a position in Prudential Financial (PRU). I bought 40 shares of PRU at $67.40 per share with a $6.95 commission. The reason why I bought is that I read this blog article and I was convinced. I hadn’t even thought of PRU as a dividend stock before reading this article. I really appreciate her sharing information on PRU as a dividend growth stock. My YOC of PRU investment is 4.1% and I expect to receive $112 gross dividends from PRU for the next 12 months. This is the third insurance company in my portfolio. Both MET and PFG have been down since my investment. Let’s see how my investment in PRU will turn out.
Disclosure: Long PRU, MET,PFG