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Bought Honda Stock During Black Fridays Dip


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#1
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion
I finally bought Stock in the Honda Motor Company (HMC)!  4% dividend and good defensive play the next few years of increasing inflation.  Its down due to chip shortages and recall.   Slow and steady, not a barn burner....
Keepin' it OEM

#2
CSPCRX

Too cool.


Victor
86 K24 Powered CRX SI (HPDE-4 NASA & TA-AB Time Attack)

85 CRX DX totally original
07 Harley FXST Softail

2021 Tacoma Tow/Daily


#3
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion
HMC hit 52 wk low w Ukraine invasion. Bought more this week
Keepin' it OEM

#4
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion

Bought more 3 wks ago, and again last week.....   

 

Dividend is a little squirly.   TDA doesn't show it, but yahoo finance does at 4.7%..    Theres a version traded on the japanese exchange, another we can buy NYSE.  I got on Honda's PR/investors page and they claim 2 payouts a year.  with potential for more during good times.  Didn't clarify US vs Japanese exchanges.

 

Watching my dividend receivables to confirm.  I'm happy w the purchases


Keepin' it OEM

#5
CSPCRX

Markets so low now’s the time to buy


Victor
86 K24 Powered CRX SI (HPDE-4 NASA & TA-AB Time Attack)

85 CRX DX totally original
07 Harley FXST Softail

2021 Tacoma Tow/Daily


#6
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion
Bought more yesterday. Announcement of a safety issue. Buy into fear....

Honda doesn’t announce dividend dates very well from my brokerage. seems every December record date. and possible a mid-year date. There is foreign tax withheld. And foreign income on ur 1099DIV. Slight differences from American dividends

i originally bought seeing the trend bounce between $28-36. figured buy/sell on the swings. it’s now in the $22’s. Hell of a deal w 5% div
Keepin' it OEM

#7
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion

Trimmed a little about a month ago, then rebought.  Was able to earn a couple more shares.   Holding tight.  Long term for me.  Appears slight upward momentum.  I think it’s the div people are after for 2023??


Keepin' it OEM

#8
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion

Surpassed 52 week high.  Japanese markets doing well. Starting to trim.  Looking to rebuy later on a dip


Keepin' it OEM

#9
CSPCRX

Go Honda!


Victor
86 K24 Powered CRX SI (HPDE-4 NASA & TA-AB Time Attack)

85 CRX DX totally original
07 Harley FXST Softail

2021 Tacoma Tow/Daily


#10
greasemonkeyreborne 5x1g's

  • Leadfoot
  • PipPipPipPipPip
    • Group: 2018 Contributor
    • Location:Foreign national in TX
    • Drives: 9 crx's: #1 228k 87si beater, #2 concours 25K, #3 108K 87si, #4 98K parts car, #5 213K 87si parts car, #6 84 straman, #7 86si 150k #8 67k parts #9 129K si for straman conversion

Sold off all the stock 7-10 days ago.   Cash set aside for rebuy when it dips.  It’s had too good of a run.  Plan to rebuy in future.  I have faith in Honda


Keepin' it OEM