Monday, April 3, 2017

Q2 Begins BEASTMODE TIME--- QCOM, CSCO, & GIS


Today I added to QCOM, CSCO, and initiated a position in GIS.





  • QCOM:  28 shares @ $56.42 --- Yield  4.04%
  • CSCO:  50 shares @ $33.57 --- Yield  3.46%
  • GIS:  30 shares @ $58.75 --- Yield  3.27%

Total capital invested is $5041.39 and the combined yield is 3.56%. These purchase will add $179.44 to my yearly dividends.

Between DRIPs and raises last month, this purchase puts me just under $7900 in forward dividends.

I mentioned in my last post that I want to reach $8500 by May 1st! I will!


YOU CAN'T REACH THE TOP AIMING FOR THE MIDDLE

15 comments:

  1. Nice!! i plan on getting QCOM also.

    ReplyDelete
    Replies
    1. FV,

      Yeah I really like both QCOM and CSCO!

      MDP

      Delete
  2. Like the GIS pick up. I'm also looking at that name this month. Nice current yield with these buys too. Keep it up!

    ReplyDelete
    Replies
    1. Keith,

      I really wanted to add a food company and GIS is a nice stable name.

      MDP

      Delete
  3. Replies
    1. CD,

      Thanks Captain! I'm trying hard to ramp things up.

      MDP

      Delete
  4. MDP -

    You son of a gun. You picked up CSCO on the last day you could before the ex-date, WELL PLAYED SIR. Congrats on the investment purchases and stacking hard on the forward income. BEAST MODE IS ON.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      I am one sneaky mfer. Hard to find good deals, but I'm gonna keep adding to the woodpile.

      MDP

      Delete
  5. Those are some excellent picks. What's more - you probably purchased QCOM at a starting yield of over 4% because they have already announced a dividend increase to $0.57 a quarter starting the payment in June :)

    ReplyDelete
    Replies
    1. DG,

      Wow! Thanks for the catch I just updated my post. Love it!

      MDP

      Delete
  6. Nice work MDP. I like all three buys, with GIS being my favorite.

    ReplyDelete
    Replies
    1. IH,

      I really like GIS as well, but it's one resilient rascal!

      MDP

      Delete
  7. Great buys, great going! You'll reach your target in no time at this speed.

    ReplyDelete
    Replies
    1. P2F,

      Thanks and I be working hard to do so!

      MDP

      Delete
  8. I'm liking the GIS buy! I think I'm going to cave in and start a position myself! :)

    Also, BEASTMODE IS BEST MODE!

    ReplyDelete