Tuesday, December 4, 2018

Recent Buy --- GIS


Today I initiated a position in GIS.


  • GIS:  100 shares @ $40.24 --- Yield  4.87%

Total capital invested is $4024 and will add $196.00 to my yearly dividends.  I've been watching GIS for a while and told myself I would pull the trigger at 5% yield or around $40. We basically reached that point today.

Note: This is the second purchase using my Chase account (primary checking/savings). JPM introduced a You Invest Trade platform and I'm using free trades right now. The layout is simplistic and I can easily transfer money between checking/savings/investing/retirement.

I also like the estimated annual income calculator.


8 comments:

  1. MDP -

    Boss move that I hope goes well and they go back to dividend increases.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Definitely. Even a 2-3% raise going forward with be nice combined with the current yield around 5%.

      MDP

      Delete
  2. Nice pickup. I nearly boosted my position in GIS yesterday as well. Both GIS and SJM are on my shortlist. I'll see what Mr. Market offers up tomorrow and Friday :)

    ReplyDelete
    Replies
    1. PIV,

      Looks like a lower open...at least at first. I'll be watching as well and may sneak in another purchase. Good luck!

      MDP

      Delete
  3. Nice pickup MDP. That's a lot of capital right there. As you and Lanny already discussed, hopefully they are going to start increasing their dividend soon!

    Bert

    ReplyDelete
    Replies
    1. Bert,

      Yeah I've been pretty quiet with my purchases and have been watching GIS for a while. Nice addition to KHC. The lack of DG is one of the reasons I was hoping for a good entry yield.

      MDP

      Delete
  4. did you keep your etrade account also? any preference between the 2?

    ReplyDelete
    Replies
    1. Anon,

      Have both accounts. etrade seems better, but Chase is more convenient.

      MDP

      Delete