Tuesday, September 20, 2016

Dividend Beasts --- XOM & KO








Today I added to two monster businesses in my portfolio.

  • XOM:  20 shares @ $83.89 --- Yield  3.58%
  • KO:  40 shares @ $42.42 --- Yield  3.30%

Total capital invested is $3388.44 and the combined yield is 3.42% and will add $116 to my yearly dividends.

Two bread and butter companies that are dividend creating machines. These will be cornerstones in my portfolio for decades to come. 


Milestone 

$4000 forward dividends. Nowhere near my all time high of $18k reached last year, but I am on the hunt and will be aggressively adding to my forward dividend total.

DEFY MEDIOCRITY

8 comments:

  1. I own KO want to add to it my mom owns XOM when she transfers it to me I'll own it.

    2 good pickups

    ReplyDelete
    Replies
    1. D&H,

      Sweet! Those two companies could almost be a dividend portfolio by themselves. Thanks for stopping by!

      MDP

      Delete
  2. I bought some CVX earlier this year but wish I had split the purchase between XOM and CVX to diversify my risk at the time. Great purchases.

    ReplyDelete
    Replies
    1. MSM,

      I too have owned CVX in the past. I think you were wise to split your oil holdings. I have Shell and BP in my portfolio as well, albeit much smaller positions than XOM.

      MDP

      Delete
  3. MDP,

    I am long both those gorillas. No matter their ups or downs, you still get paid and they still do what they do. Good choices, looking forward to a solid year of building for you. Keep it up.

    Gremlin

    ReplyDelete
    Replies
    1. Gremlin,

      You're doing a great job adding companies as well. I'm gonna do my best to get back to last year's levels. It will most likely take a few years.

      MDP

      Delete
  4. MDP -

    Man... another $100+ added to forward income and you are over $4K. Shit, SHIT. LETS GOOOO

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Just getting warmed up! Watching MO right now.

      MDP

      Delete