- PG: 3.74 shares @ $80.04 --- Yield 3.31%
- XOM: 3.34 shares @ $89.76 --- Yield 3.25%
- KO: 7.33 shares @ $40.95 --- Yield 3.22%
- JNJ: 3.01 shares @ $99.51 --- Yield 3.01%
Total capital invested is $1200 ($300 in each company). The combined yield on this week's purchases is 3.20% and will add $38.37 to my yearly dividends.
I felt like adding to few timeless companies that should pay me dividends for decades to come. It's not too often that you can catch all four of these companies yielding over 3% at the same time. Really I could spend the next several year making these same purchases over and over and would end up doing very well. Unfortunately, that is far too logical and boring for me.
Oil continues to rebound so I will probably just add a few shares here and there for now. REITs and utilities are currently feeling no love so I will likely add to positions in HCP, WPC, and SO as they continue to drop. I just noticed HCP dipped below $40 this morning. I love investing in sectors that are getting clobbered. Short term pain for long term gain!
Stocks on my radar for next week include WMT, T, PG, SO, HCP, WPC, JNJ, and PM.