Today I decided to put the funds from my ARCP sale back into the market and purchased NOV.
- NOV: 33 shares @ $53.94 --- Yield 3.41% (initial position)
Total capital invested is $1786.97 including my $6.95 buy fee. This purchase will add $60.72 to my yearly dividends.
I originally was going to buy more shares of CAT or MSFT after both reported subpar results yesterday, but for some strange reason I continue to gravitate towards energy names. It will be interesting to see how the energy purchases pan out over time. Right now they are pretty messy and will likely stay messy for a while longer.