Today I added to my T position.
- T: 100 shares @ $27.42 --- Yield 7.44%
Total capital invested is $2742 and will add $204 to my yearly dividends.
This is the highest yield I can remember on T. It may have been higher during 2008-2009, but not too much as the stock price is nearing those levels. While the Dow has essentially tripled during the last 10 years, T has basically remained unchanged. The thing to remember is is T has probably paid out $17-$18 in dividends during this period making it a rather stealthy investment.
I will add a few hundred more shares as the yield continues it's march to 10%.
Merry Christmas everyone!! 2019 is going to be OUTSTANDING!!