I had still a little bit of collected dividend lying around on my brokerage account which wasn't quite enough to buy a single share of most companies. However, Whitestone REIT (WSR) was going around for only $13 a piece today.
So I purchased just 3 shares of WSR to add to my other 50 at a price of $12.95 a piece. At this share price WSR yields a whopping 8.8%.Including transaction fees the total share price is €12.41. This purchase will increase my expected annual income by just €2.75 after taxes at current exchange rates.
My cost basis for WSR is reduced from €13.28 to €13.23, just a marginal change. YOC is now 8.6%.
Whitestone just reported solid financial figures over 2016. When I have some more money availlable and the price is still attractive I will expand on this position.
So I purchased just 3 shares of WSR to add to my other 50 at a price of $12.95 a piece. At this share price WSR yields a whopping 8.8%.Including transaction fees the total share price is €12.41. This purchase will increase my expected annual income by just €2.75 after taxes at current exchange rates.
My cost basis for WSR is reduced from €13.28 to €13.23, just a marginal change. YOC is now 8.6%.
Whitestone just reported solid financial figures over 2016. When I have some more money availlable and the price is still attractive I will expand on this position.
Thats an interesting buy. Very close to its 52-week low.
BeantwoordenVerwijderenBut the P/E ration seems a bit off right at almost 50?
Hey, this post was nice but you could add more interesting posts or maybe more details about this post and your buying. Also add some pictures to make it interesting.
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