Today I initiated a position in MAT and QCOM.
- MAT: 100 shares @ $26.69 --- Yield 5.70%
- QCOM: 45 shares @ $ 53.59 --- Yield 3.96%
Total capital invested is $5094.10 and the combined yield is 4.86%. These purchases will add $247.40 to my yearly dividends.
I owned shares of MAT back in 2014 and 2015 and quite frankly it is not for the faint of heart. I watched my shares bounce around between 19 and 34 during that period. This certainly could happen again. Speaking of volatile, QCOM is down around $20 over the last couple of months and traded between $40 and $70 in 2016. Great yielders, but speculative....no doubt about it.
Forward dividends are around $6725.