I just made VZ one my top 4 positions.
- VZ: 100 shares @ $45.28 --- Yield 5.12%
Total capital invested is $4541.61 and will increase my yearly dividend by $232.
VZ and T have both been falling quite a bit, but VZ is dropping much faster. Today's purchase makes VZ my fourth largest position behind PFE, XOM, and KO. Any future telecom purchases will probably be T shares. My original intention was to reach $10,000 in forward dividends by the end of the year. I will most likely reach this goal in June.
Forward dividends are now around $9350.