Well, I didn't expect my $29.99 limit order to get filled so quickly....I guess if I liked HCP at $33 yesterday I should love it below $30 today, right??
- HCP: 50 shares @ $29.99 --- Yield 7.67%
Total capital invested invested is $1506.45 and will again increase my dividends by $115.00.
At this pace HCP will be yielding 10% by the end of the week. I'll most likely look outside the REIT space if I decide to make any more purchases this month. I don't want to be overloaded in any one sector again. I am still trying to diversify out of my energy positions. Luckily many sectors are in bear market or even 50% haircut territory.