Today I started a position in P&G.
- PG: 30 shares @ $83.67 --- Yield 3.20%
Total capital invested is $2516.99 and will add $80.40 to my yearly dividends.
Yesterday both Procter and Coke were downgraded to sell by Goldman Sachs with target prices of 77 and 39 (target yields of around 3.5%). Both are due for dividend raises soon. I'll definitely use the opportunity to add to both positions if they display further weakness.
Also GIS is closing in on $60 so I am certainly looking to initiate a position soon.
Forward dividends are around $6200.00