- KMI: 20.05 shares @ $32.42 --- Yield 5.18%
- VZ: 13.49 shares @ $48.20 --- Yield 4.40%
- PFE: 22.28 shares @ $29.18 --- Yield 3.56%
- CLX: 7.33 shares @ $88.70 --- Yield 3.34%
Total capital invested is $2600 invested equally in each company. The combined dividend yield is 4.12% and will add $107.12 to my yearly dividend income.
Note: Clorox raised its quarterly dividend from $.71 to $.74 per quarter and I am using the new yield for my calculation.
$100/week Challenge---Week 3
This is my third consecutive week in which I have increased my yearly dividends by $100. This is more difficult than I first envisioned, but like training for a marathon I plan on taking it one week at a time. I have become hyperaware of my spending habits. If nothing else this renewed focus on extreme savings is a nice byproduct of the challenge.