As you can see by the stats below TRV sports a 2.5% yield which is pretty low for my taste but makes up for it with a healthy a dividend growth rate of 10%.
Travelers Companies Inc through its subsidiaries provides commercial & personal property and casualty insurance products and services to businesses, government units, associations and individuals.
I purchased 12 shares of TRV at $99.81 this week.
TRV Basic Statistics
- Ticker Symbol: TRV
- P/E Ratio: 10.52
- Sector: Financial
- Yield: 2.5%
- Dividend Growth Rate: 10%
- Payout Ratio: 21%
- Market cap: $32 Billion
- Beta: 1.2
- Morningstar Fair Value: $108
- Value Line Target Price: $130
- Website: http://www.travelers.com
This is a new one for me. Actually i have seen quite a few new to me stock buys in the past fee days from the community. Which is awesome.
ReplyDeleteTRV looks great. Gotta love that dividend growth chart since 2002. Nice buy!
For sure, the dividend growth has been fairly aggressive since the merger with St. Paul Companies in the mid 2000's and has plenty of room to grow from here.
DeleteGreat pick up Captain. It seems like many in the community area scooping up shares in this company. I may have to join the herd soon haha keep up the great work and way to add some strong dividend income to your portfolio!
ReplyDeleteBert
I hear you, it was that same community that put TRV on my radar as well. I still wasn't sure if I'd buy it or some other stocks I've been drooling over. There's always next months purchase to look forward to!
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