Today I reinvested the proceeds from my recent mutual fund sales.
- SO: 50 shares @ $43.94 --- Yield 4.78%
- PG: 25 shares @ $83.47 --- Yield 3.07%
- WMT: 25 shares @ $79.16 --- Yield 2.48% (initial position)
Total capital invested is $6283.60 and the combined yield is 3.47% and will increase my yearly dividends by $218.00.
These are very boring companies that should have no problems making and increasing dividend payments for many years to come. I have been patiently waiting for WMT and SO back down to decent levels.
Walmart will be a nice complement to my TGT shares. SO, in my opinion, is a good substitute for the junk bond holdings I sold off and being taxed at 15% instead of 33% is a nice benefit as well.
Also, I apologize for so many posts recently. If I don't post things in real time, I am subject to forget about them and I am trying my best to update all portfolio puchases, sales, and dividend announcements in real time. I think this actually may be an OCD thing. So be it.