My 90 Unilever went 40% up in a year, so I sold 65 at $33.17 today May 9, 2007Posted by deminvest in investment, investment strategies, my free stock, Single stocks, stock I own, stocks, stocks that pay high dividends, UL, Unilever.
Today I sold 65 shares of Unilever, a great stock, because of my New Free Stock Strategy. As usual, I brought all my invested money back to my bank account and still have 25 precious UL shares in my portfolio.
Uniler owns some of World’s best known brands…
On March 16 2006 I bought the equivalent of 90 UL spending the equivalent of $23,4722 each, for a total ammount of $2112.5.
I posted on Deminvest the day I bought. Since there was a 9 to 5 stock split on May 25 2006, the numbers of shares and prices will be confusing, but the reasons that made me take the excellent decision to buy and the fact that I had a 40% gain are good :-)…
Today I sold 65 UL at$33.17 making $2156 to put back into my bank account.
I am an happy owner of 25 Unilever shares worth $830.
Unilever is still a great company to own and offers a nice 3.6% dividend yield. Since I bought it a year ago, UL reduced its debt from $15B to 14B, which is excellent. UL also owns $2.28B cash
A great report about Unilever is on Fat Pitch Financials, he made 70% on UL, and his research is worth a look
Unilever had the ability of this company to:
1) deliver value to us shareholders,
2) pay us juicy dividends
3) reduce debts
All at the same time! I wish all the stocks I set my eyes on could did the same!