Here are my automatic investments for this week.
- CAT: 2.47 shares @ $80.96 --- Yield 3.46%
- XOM: 2.33 shares @ $85.76 --- Yield 3.22%
- JNJ: 1.99 shares @ $100.57 --- Yield 2.78%
Total capital invested is $600 ($200 invested in each company). The combined yield is 3.15% and will add $18.92 to my yearly dividends.
After a rather active month of investing in March, I will probably take it easy this month and keep adding to positions with my weekly purchases. If I continue to reduce my mutual fund holdings this month, I will probably redeploy the proceeds into companies like PG, KO, JNJ, and EMR.
Oil continues to bounce around, but seems to be holding its ground in the $45-$50 range. If Exxon stays in the $80s I will probably continue to add to my position. CAT also looks really good around a 3.5% yield.
Companies on my radar for next week include the three above as well as PM, SO, GM, and NOV.