Today I added so high yielders to my portfolio.
- SO: 40 shares @ $49.53 --- Yield 4.52%
- MO: 35 shares @ $61.24 --- Yield 3.98%
Total capital invested is $4138.50 and the combined yield is 4.15%. These purchases will increase my yearly dividends by $171.80.
I already own 50 shares of SO and I thought the recent pullback would be a nice time to add a few more shares.
While I didn't have MO in my portfolio this year, I have owned shares in the past. It's hard to say if the shares are cheap, but I do know that this company rarely gives excellent buying opportunities. In fact, both the price and dividends appear to go straight up over time. If the yield gets close to 5%, I could see myself adding 200 shares immediately.
I was also closely watching T, VZ, and GIS. I would love to add shares all of these companies to my portfolio. On the lower yielding side of the pond, NKE and GILD are looking interesting.
Forward dividends are around $4250.