Thursday, February 2, 2017

Recent Buy --- VZ


Today I doubled my VZ position.





  • VZ:  50 shares @ $48.05 --- Yield  4.81%

Total capital invested is $2409.35 and will add $115.50 to my yearly dividends. 

VZ is down about 10% this year and now yields more than T. That doesn't happen very often if ever. Eventually I would like to add T as a complement to VZ. Telecoms, while not very flashy can really juice up the dividend income stream.

Forward dividends are around $6850.00.

8 comments:

  1. Awesome company I don't own VZ but a small position in T right now. Always looked but never bought

    ReplyDelete
    Replies
    1. D&H,

      Both companies are great, but VZ looks a bit more unloved. I hope to own some share of T in the future!!

      MDP

      Delete
  2. Thank you for the update. I am now eyeing on Verizon too.

    ReplyDelete
    Replies
    1. MU,

      Compared to T, VZ looks so much better right now!

      MDP

      Delete
  3. Waiting for the cash to hit the account and picking up some VZ too.

    ReplyDelete
  4. Nice one! I also bought a couple of shares today. You'll hit the 7k soon enough, keep it up!

    ReplyDelete
    Replies
    1. HA,

      Very nice! I hope to hit $7 this month for sure. I'll probably tone down the purchases this month.

      MDP

      Delete