I had a limit order filled today and added another 50 shares of KO.
- KO: 50 shares @ $39.99 --- Yield 3.50%
Total capital invested is $2006.45 and will add an additional $70 to my yearly dividends.
This purchase pushes me just over 210 shares. Adding KO add a 3.5% yield is never a bad idea!
In other news, I am SERIOUSLY considering selling my GS shares that I bought several months ago at $140 and I see the shares are currently over $220. Other non traditional dividend companies I own that I might dump are M, MET, and GM. They are all way up off their lows and I am up 30-60% in the last few months.
I don't normally look at precious metals, but they have been totally destroyed during the last few months and might be a nice speculative play.
Just a few things on my mind.... :-)
Forward dividends are $5050.
DEFY MEDIOCRITY
Hi! I just found your blog and find it very inspiring. I am wondering, do you have a post anywhere that outlines your methodology for picking which stocks to buy, and at what prices? If not, would you care to elaborate on that?
ReplyDeleteThanks!
Steve W
Steve,
DeleteI wish I could say I had some sort of criteria or mechanism when picking and buying stocks, but I don't. I can tell you that I use Dow Dogs (high yielding DJIA stocks) and I tending to watch the bottom performing DJIA components as well (NKE comes to mind currently).
Also, I look at my own portfolio and add to existing positions as I feel they become undervalued. KO is a perfect example so I added to it.
MDP
Nice. Coke is just fabulous; as close as you get to the perfect business. I almost doubled my PepsiCo position today, would love to do the same with KO below $40.
ReplyDeleteMike,
DeleteI am looking at Pepsi and other consumer products companies as well. PG and JNJ have got to be added at some point soon!
MDP
Nice pick up. Like UL, KO under $40 is a much better price to add to your portfolio. Pretty solid current yield too. Thanks for sharing.
ReplyDeleteDivHut,
DeleteI couldn't agree more. In fact I have added both recently at prices just below $40.
MDP
MDP -
ReplyDeleteNice job playing some defense with a solid 3.50% yield and crossing the big $5K mark sir!!! LETS GO AND GET AFTER. Just keep sprinting man, keep sprinting.
-Lanny
Lanny,
DeleteMy Asics are laced up and ready for the track! I'm going to try for $6k this month. The market will have some impact on whether I make it or not. I would love to see KO, CSCO, and PG to come continue their slides so I can go strong into them.
MDP