Wednesday, May 3, 2017

Recent Buy --- T


Today I initiated a position in T.




  • 100 shares @ $38.58 --- Yield  5.08%

Total capital invested is $3871.70 and will add $196.00 to my yearly dividends.

I have been add more shares of VZ recently on weakness and today I decided to complement the VZ position with T.

Let the snowball DRIPing begin!

Forward dividends are now back to $9,000.

DEFY MEDIOCRITY

20 comments:

  1. Nice! I also own both T and VZ. T is on my last to add more soon!

    Cheers,

    Tall Investing

    ReplyDelete
    Replies
    1. Tall,

      Keep adding coal to the furnace!!

      MDP

      Delete
  2. I saw that dip in T and was contemplating opening up some option positions on T but held off for now. Maybe we'll see a bit more follow through on the decline tomorrow and I can pick up some shares.

    ReplyDelete
    Replies
    1. PIP,

      You could always sell a put at $37 and see what happens as well!

      MDP

      Delete
  3. Awesome. I recently added T and it comprises about 11% of my small portfolio. I think it was a great purchase you made.

    ReplyDelete
    Replies
    1. DP,

      Wow 11% is huge. Great company though. It probably is responsible for 15% percent of you dividend income as well. I have been overweight T in the past as well.

      MDP

      Delete
  4. T is definatly in my sites but might have to wait a bit.

    ReplyDelete
    Replies
    1. D&h,

      There is nothing wrong with that. There will always be more opportunities either with T or something else. Don't forget about VZ too. It's yielding 5% as well.

      MDP

      Delete
  5. I want to buy T, but under $35. In the long haul it wont matter lol.

    ReplyDelete
    Replies
    1. FV,

      It has been below $35 many times during the past couple of years. If it gets there I'll gladly add more shares.

      MDP

      Delete
  6. MDP -

    HELL YAH. Aristocrat over 5%? Bring it.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      The telecoms are looking pretty cheap right now! Time to build positions.

      MDP

      Delete
  7. Its a bit of a dip with T. I picked them up for +4$ more per share.

    Good call to initiate it and complement VZ. I hope to add some VZ in the future as well.

    ReplyDelete
    Replies
    1. Mr. Robot,

      Good luck picking up VZ. It looks pretty cheap right now!

      MDP

      Delete
  8. Nice! I just purchased T yesterday at around $38.50.
    I am always days earlier than you and purchased stocks at higher prices than yours. I think it's okay though in the long run.

    Keep up the good job!

    ReplyDelete
    Replies
    1. correction, I purchased T at $38.75.

      Delete
    2. MU,

      Hell I remember buying T around $32 back in 2014. If it falls to that level again, you know I'll back up the truck!

      MDP

      Delete
  9. Bought T also saddly to fas for 40$ Noe it is traded for 38$ Wonder what is the reason for this drop. Any news regarding TW purchase?

    ReplyDelete
    Replies
    1. 2035,

      Don't be sad! I don't think you will find anyone who has only bought stocks that went up after the purchase date....even Buffett!!

      Delete
    2. Ha that is so true :) Well dividend stream is the main focus. Im just sad that I could have bought it at better yield and more shares. But im happy with T purchase ive made.

      Delete