Here are my automatic investments for this week.
- RDS-b: 4.57 shares @ $54.68 --- Yield 6.88%
- BBL: 6.80 shares @ $36.76 --- Yield 6.75%
- BP: 6.43 shares @ $38.89 --- Yield 6.17%
- CVX: 2.67 shares @ $93.57 --- Yield 4.57%
Total capital invested is $1000 ($250 in each company). The combined yield of these purchases is 6.09% and will add $60.09 to my yearly dividends.
I knew it would be ugly in the oil space after watching the futures while getting ready for work. I thought that when I checked on my portfolio it would be really bad, but was surprised to find that utilities and REITs are actually performing well today.
I don't know that I have seen Shell, CVX, or BBL with yields this high ever. Iran and Greece are definitely sending shockwaves through the markets. XOM is about to be trading in the 70s and NOV looks like it is in a "death spiral" and may be trading in the 30s pretty quickly. I LOVE IT!!!
Companies on my radar for next week include anything related to the energy and Canadian banking sectors as well as KO, WMT, GM, INTC, and DD.