July 12, 2013
SWJ Stanley Black and Decker Jr Subordinated Debentures
(Update September 2013: This is a steal at $22.00. BUY) Everyone in the world knows the Stanley Black & Decker brand name: a manufacturer of hand tools and a whole host of other noise making machines. Investing in this world wide premier Company seems like a rather small risk. Buy up to 1% of your portfolio.
Try to buy under $25.00. Currently paying 5.85% at today’s price of $24.55. SWJ is rated as Investment Grade. Update Sept: The price keeps dropping but if it is called at $25 in 2017 your yield would be almost 7%. This is purchased as an Income Investment. Do not be overly concerned with price fluctuations.
Go to “HOME” (top of page) for the most current posts. (Please respond to POLL Click Here) This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income. I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.