donderdag 9 maart 2017

Recent buy: WSR

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.

1 opmerking:

  1. Thats an interesting buy. Very close to its 52-week low.

    But the P/E ration seems a bit off right at almost 50?

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