Williams-Sonoma, Inc. operates as a multi-channel
specialty retailer of various products for home. It operates through two
segments, E-commerce and Retail. The company offers cooking, dining, and
entertaining products, including cookware, tools, electrics, cutlery, tabletop
and bar, outdoor, furniture, and a library of cookbooks under the
Williams-Sonoma brand, as well as home furnishings and decorative accessories
under the Williams-Sonoma Home brand; and furniture, bedding, bathroom
accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative
accessories under the Pottery Barn brand. It also provides products designed
for creating spaces where children could play, laugh, learn, and grow under the
Pottery Barn Kids brand; line of furniture, bedding, lighting, decorative
accents, and others for teen bedrooms, dorm rooms, study spaces, and lounges
under the PBteen brand; and mixed clean lines, natural materials, and
handcrafted collections under West Elm brand. In addition, the company offers a
range of assortments of lighting, hardware, furniture, and home décor inspired
by history under the Rejuvenation brand; and women’s and men’s accessories,
small leather goods, jewelry, key item apparel, paper, entertaining and bar,
home décor, and seasonal items under the Mark and Graham brand. It markets its
products through e-commerce Websites, direct mail catalogs, and specialty
retail stores. As of January 29, 2017, the company operated 629 stores
comprising 583 stores in 43 states, Washington, D.C., and Puerto Rico; 26
stores in Canada; 19 stores in Australia; and 1 store in the United Kingdom, as
well as 66 franchised stores and/or e-commerce Websites in various countries in
the Middle East, the Philippines, and Mexico. Williams-Sonoma, Inc. was founded
in 1956 and is headquartered in San Francisco, California.
WSM is a Dividend Contenders with a 12 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 5.8, 8.3 , 17.2 and 17.1. (DividendChampions.xls) Williams-Sonoma Inc. now pays dividends of $ 0.39 per share normally in February, May, August and November.
If you are interested, you can read analysis of Williams-Sonoma Inc. by Nicholas McCullum at Sure Dividend here and by Jason Fieber, Mr. Free at 33 at Daily Trade Alert here.
Details of my purchase:
Some ratings for WSM:
Yahoo:
Mean Recommendation 2.8, 1y Target Est $ 53.00
Reuters: Mean Rating 2.81
Morningstar:
(****)
At today's exchange rate, this purchase 20 shares of WSM
will increase € 20.41 ($ 23.24) of my expected annual net dividend income and
will increase my portfolio's projected annual net dividend income to € 10,50.00. With purchase price $ 47.51 plus commission ($ 5.00) my starting
yield on cost is 3.27%. After this acquisition, WSM's weight of my portfolio is about 0.22%
and its share of future annual dividend income is approximately 0.19%. During this year, I'm planning slowly to build up WSM's share of my portfolio, if the price remains at these levels.
Click here
to see my portfolio.
Full Disclosure: Long WSM
No comments:
Post a Comment