Who don’t like weapons? Americans do. One company that produces each year weapons for hundreds of millions dollars is the defense products stock Sturm, Ruger & Co. Incorporated. I purchased last Friday 20 shares of the weapon maker.Sturm, Ruger & Company, Inc. engages in the design, manufacture, and sale of firearms in the United States. The company offers single-shot, auto loading, bolt-action, and sporting rifles; single-action and double-action revolvers; and rim fire auto loading and center fire auto loading pistols. It also provides accessories and replacement parts for its firearms. In addition, the company provides investment castings made from steel alloys directly or through manufacturers' representatives.
The company has a current P/E of 10.97 and the forward P/E is expected at 14.76. The current dividend yield of Sturm Ruger is quiet over the High-Yield mark at 5.03 percent. That’s a good value in my view.
Strum Ruger increased Sales by a factor of 3,3 and the net income rose by a factor of 5.8. What great growth figures. Sturm Ruger managed to raise its dividends over 5 consecutive years. It’s a Dividend Challenger with no long-term debt.
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| Latest Portfolio Transactions (Click to enlarge) |
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For readers who are new to the matter and my dividend growth philosophy: I funded a virtual portfolio with 100k on October 04, 2012 with the aim to build a passive income stream that doubles each five to ten years. I plan to purchase each week one stock holding until the money is fully invested. The total number of constituents is expected at 50 – 70 companies and the dividend income should be at least at $3,000 per year.
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| Portfolio Overview I (Click to enlarge) |
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| Portfolio Overview I (Click to enlarge) |
I paid $1,036 for my stake in Sturm Ruger which will give me around $50 bucks in additional dividend income per year if the latest dividend of USD 2.60 should be sustainable.
The full year dividend income is now estimated at $2,258.68. With a current yield on cost of 3.42 percent and USD 34,98.98 in cash deposits, I’m still confident to reach my aim of a USD 3k dividend income by the end of the year 2013.
All stock holdings from the Dividend Yield Passive Income Portfolio are up 6.26 percent. The whole portfolio performance is only at 5.1 percent due to the high cash amount and slow purchasing process.
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| Portfolio Performance (Click to enlarge) |
Here is the income perspective of the portfolio
| Sym | Name | P/E Ratio | Dividend Yield | | Buy | # Shrs | Income | Value |
| TRI | 25.77 | 3.83 | | 28.90 | 50 | $64.75 | $1,685.00 | |
| LMT | Lockheed Martin C | 13.88 | 3.6 | | 92.72 | 20 | $89.00 | $2,520.00 |
| INTC | Intel Corporation | 12.03 | 4.04 | | 21.27 | 50 | $45.00 | $1,122.00 |
| MCD | McDonald's Corpor | 17.48 | 3.15 | | 87.33 | 15 | $45.15 | $1,426.95 |
| WU | Western Union Com | 11.48 | 2.61 | | 11.95 | 100 | $47.50 | $1,830.00 |
| PM | Philip Morris Int | 16.36 | 4.09 | | 85.42 | 20 | $68.78 | $1,707.40 |
| JNJ | Johnson & Johnson | 19.45 | 2.9 | | 69.19 | 20 | $50.80 | $1,768.20 |
| MO | Altria Group Inc | 15.34 | 5.24 | | 33.48 | 40 | $70.40 | $1,371.20 |
| SYY | Sysco Corporation | 19.33 | 3.44 | | 31.65 | 40 | $44.40 | $1,290.00 |
| DRI | Darden Restaurant | 15.08 | 4.34 | | 46.66 | 30 | $61.50 | $1,410.30 |
| CA | CA Inc. | 13.16 | 3.32 | | 21.86 | 50 | $50.00 | $1,512.00 |
| PG | Procter & Gamble | 20.67 | 2.92 | | 68.72 | 25 | $58.20 | $2,000.25 |
| KRFT | Kraft Foods Group | 17.36 | 3.79 | | 44.41 | 40 | $80.00 | $2,112.80 |
| MAT | Mattel Inc. | 18.71 | 3.21 | | 36.45 | 40 | $53.60 | $1,669.20 |
| PEP | Pepsico Inc. Com | 18.67 | 2.75 | | 70.88 | 20 | $43.60 | $1,597.00 |
| KMB | Kimberly-Clark Co | 20.33 | 3.24 | | 86.82 | 15 | $46.50 | $1,438.35 |
| COP | ConocoPhillips Co | 11.03 | 4.04 | | 61.06 | 20 | $52.80 | $1,331.00 |
| GIS | General Mills In | 17.67 | 2.78 | | 42.13 | 30 | $41.10 | $1,494.60 |
| UL | Unilever PLC Comm | 18.57 | 3.41 | | 39.65 | 35 | $47.01 | $1,391.25 |
| NSRGY | NESTLE SA REG SHR | 18.61 | 3.23 | | 68.69 | 30 | $65.31 | $2,025.11 |
| GE | General Electric | 17.6 | 3.11 | | 23.39 | 65 | $48.10 | $1,545.70 |
| ADP | Automatic Data Pr | 25.1 | 2.35 | | 61.65 | 25 | $42.50 | $1,807.00 |
| K | Kellogg Company C | 23.92 | 2.82 | | 61.52 | 25 | $44.00 | $1,568.25 |
| KO | Coca-Cola Company | 20.17 | 2.79 | | 38.83 | 40 | $42.80 | $1,540.80 |
| RTN | Raytheon Company | 13.24 | 2.74 | | 57.04 | 20 | $42.00 | $1,553.00 |
| RCI | Rogers Communicat | 10.45 | 4.29 | | 46.5 | 50 | $83.30 | $1,964.00 |
| GPC | Genuine Parts Com | 17.87 | 2.6 | | 77.06 | 20 | $41.28 | $1,588.40 |
| TSCDY | TESCO PLC SPONS A | 229.47 | 4 | | 17.08 | 110 | $75.68 | $1,933.80 |
| APD | Air Products and | 21.98 | 2.62 | | 85.71 | 15 | $40.50 | $1,560.00 |
| GSK | GlaxoSmithKline P | 19.81 | 4.56 | | 52.16 | 30 | $71.13 | $1,565.70 |
| WMT | Wal-Mart Stores | 14.3 | 2.46 | | 79.25 | 20 | $36.16 | $1,468.80 |
| BTI | British American | 15.9 | 4.02 | | 111.13 | 23 | $96.14 | $2,410.86 |
| CHL | China Mobile Limi | 10.49 | 4.11 | | 55.32 | 25 | $54.95 | $1,342.00 |
| MMM | 3M Company Common | 17.95 | 2.18 | | 110.27 | 15 | $37.43 | $1,716.00 |
| TUP | Tupperware Brands | 17.95 | 2.34 | | 80.98 | 15 | $29.40 | $1,268.70 |
| IBM | International Bus | 13.15 | 1.94 | | 197.09 | 16 | $57.60 | $2,966.72 |
| HAS | Hasbro Inc. | 18.3 | 3.36 | | 44.09 | 30 | $45.60 | $1,383.30 |
| T | AT&T Inc. | 25.9 | 5.29 | | 34.47 | 30 | $53.70 | $1,028.70 |
| WAG | Walgreen Co. Comm | 21.26 | 2.35 | | 44.25 | 30 | $34.20 | $1,463.70 |
| AFL | AFLAC Incorporate | 8.33 | 2.34 | | 59.39 | 20 | $28.00 | $1,196.60 |
| TGT | Target Corporatio | 15.09 | 2.35 | | 71.46 | 20 | $30.20 | $1,287.00 |
| CSCO | Cisco Systems In | 12.91 | 2.58 | | 26.19 | 50 | $31.00 | $1,193.00 |
| DE | Deere & Company C | 9.55 | 2.33 | | 84.11 | 15 | $29.10 | $1,252.50 |
| RGR | Sturm Ruger & Co | 10.91 | 5.03 | | 51.65 | 20 | $38.52 | $1,033.00 |
| | | | | | | | | |
| | | | | | | | $2,258.68 | $70,340.14 |
| | | | | | | | | |
| | | | | | | | Average Yield | 3.21% |
| | | | | | | | | |
| | | | | | | | Yield On Cost | 3.42% |
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