Today I doubled my position in Coke.
- KO: 40 shares @ $43.59 --- Yield 3.21%
Total capital invested is $1750.51 and will add $56 to my yearly dividends. My Coke share count is now 80 and will be churning out over $100 a year going forward. How cool is that?!
There is really no news coming from Coke recently. The stock is probably overvalued a bit, but the dividends are stable and increasing. I really like this type of company and will be adding shares year in and year out for decades to come.
I almost added shares of VIAB, but the shares spiked up on me. I may still add some shares hopefully closer to the $38 range. The pipeline is starting to come back nicely!!
Forward dividends are $3650.