Brinker International, Inc. (EAT) Purchased on 3/14/2016

Several of the investments in my "nonPension" portfolio have sustained a paper loss so far, and Brinker International, Inc. (EAT) is the first of those stocks that I am reviewing here to have suffered a paper loss.

What was my reasoning for investing in EAT?  I was impressed with the significant income growth since 2010 which corresponded to a double-digit dividend increase per year during the same time period.  The fall in price during the year before I purchased it made it particularly interesting.  It was in the "green zone".

I was somewhat disappointed when the dividend increase came later in the year.  It was less than expected given the increases during the run-up for the few years before that.  Why was the dividend increase so much less?  It may be due to the overall expected fall in earnings for fiscal year 2017.  Future earnings are expected to rise from there, albeit at a slower pace.  So I expect my investment to grow from here, and I expect dividends to keep rising, though not necessarily at the pace for the past few years, at least for now.

Is EAT a stock I may buy more of in the near future?  Perhaps.  Currently the price is lower and the dividend rate is higher than they were when I purchased EAT in 2016.  So if those conditions continue to remain in force, I may buy more sometime in 2017.