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Bought Honda Stock During Black Fridays Dip

greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 29 Dec 2021

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....
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CSPCRX's Photo CSPCRX 09 Jan 2022

Too cool.

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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 11 Mar 2022

HMC hit 52 wk low w Ukraine invasion. Bought more this week
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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 06 May 2022

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

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CSPCRX's Photo CSPCRX 07 May 2022

Markets so low now’s the time to buy

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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 23 Dec 2022

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
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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 23 Mar 2023

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??

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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 02 Jun 2023

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

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CSPCRX's Photo CSPCRX 02 Jun 2023

Go Honda!

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greasemonkeyreborne 5x1g's's Photo greasemonkeyreborne 5x1g's 24 Jun 2023

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

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