AOSmith is an American water heater to make commercial and residential water heaters. The dividend yield at the moment is around 1.6% if I'm looking at it correctly, which is way too long,. But in terms of balance sheet, revenue growth, cash flow growth, it ticks all my boxes. It's just the valuation with this company is the key. And it's too richly priced for me.
In today's episode, we are sharing our dividend growth portfolio performance for the first quarter of the year. Are we on target? Are we satisfied? What did we buy and did we sell anything?
This and more in today's episode.
Some tickers discussed: $JNJ $BABA $WKL $AOS $TROW
Link to eDGI's dividend portfolio allocation strategy: https://www.europeandgi.com/building-a-dividend-portfolio-my-allocation-strategy/