tag:blogger.com,1999:blog-2371295367923834063.post7632648201076222029..comments2008-08-25T15:26:37.897-05:00Comments on Dividends4Life: Stock Analysis: Walgreen Co (WAG)D4Lnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2371295367923834063.post-56589093387064594102008-08-25T15:26:00.000-05:002008-08-25T15:26:00.000-05:00makes sense...makes sense...MG (moneygardener)http://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-79498071357722600212008-08-25T12:50:00.000-05:002008-08-25T12:50:00.000-05:00MG: Sorry, ALF above should be AFL (AFLAC). Doing ...MG: Sorry, ALF above should be AFL (AFLAC). Doing too much during lunh. :)<BR/><BR/>D4LDividends4Lifehttp://www.dividends4life.comnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-89820054583124396712008-08-25T12:46:00.000-05:002008-08-25T12:46:00.000-05:00MG: I think WAG is a compelling investment for cap...MG: I think WAG is a compelling investment for capital appreciation, but doesn't work in my dividend/income investing framework.<BR/><BR/>My model does consider dividend growth. It is designed to use conservative estimates. For WAG my model calculates a 11.9% dividend growth rate, but with a 1.21% yield (at the time of the analysis) it wasn't enough. <BR/><BR/>Running the numbers through Dividends4Lifehttp://www.dividends4life.comnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-23864778961763113192008-08-25T10:26:00.000-05:002008-08-25T10:26:00.000-05:00At $17.27 WAG would sport a P/E ratio of about 8x ...At $17.27 WAG would sport a P/E ratio of about 8x earnings. What a steal!!! Absolutely never going to happen.<BR/><BR/>It sounds like this stock would never fit into your method of stock analysis. Growth must not be accounted for, for low dividend stocks.MG (moneygardener)http://www.blogger.com/profile/09118524634677340463noreply@blogger.com