- BP: 12.03 shares @ $41.56 --- Yield 5.77%
- RDS-B: 7.01 shares @ $71.31 --- Yield 5.27%
- BBL: 9.70 shares @ $51.54 --- Yield 4.81%
- GM: 16.26 shares @ $30.76 --- Yield 3.90%
- BAX: 7.28 shares @ $68.64 --- Yield 3.03%
Total capital invested is $2500 ($500 in each company). The combined yield on this week's purchases is 4.56% and will increase my dividends by $113.90.
$100/week Challenge --- Week 28 S&P 500: 2004
Energy companies continue to fall along with oil prices. This morning oil was trading around $76 a barrel. This is creating a tremendous amount of pressure within the broader energy sector. On the other hand, I noticed Clorox was trading over $102 and Procter is close to $89. This may be related to the recent Ebola outbreak. In any event I am glad that I own both.
I should reach my goal of $14,500 in forward passive income within the next couple of weeks. It should be noted that about $200/year comes from ARCP so I may actually still be short. Regardless of what happens to ARCP, I will still hit the goal even with smaller weekly investments especially with raises still to come from T, GE, and PFE.
Stock on the radar for next week include the above companies along with IBM, GE, XOM, UL, and COP.