- ARCP: 31.04 shares @ $12.89 --- Yield 7.76%
- ESV: 13.84 shares @ $50.60 --- Yield 5.93%
- BP: 13.69 shares @ $51.13 --- Yield 4.58%
- VZ: 14.76 shares @ $47.43 --- Yield 4.47%
Total capital invested is $2500 ($700 each in ESV, BP, and VZ and $400 in ARCP). The combined dividend yield is 5.44% and will add $136.00 to my yearly dividends.
$100/Week Challenge---Week 2
Well so far I'm 2/2. ESV and ARCP are low hanging fruit however. I'm ok with that for the first couple of months, but eventually I will have to start accumulating other companies. This will be when the real challenge begins.
That is some pretty nice yield there. I think my fav from the 4 would be BP. I see ARCP on everyone’s portfolio. I guess that kind of yield is just too tempting. Has kind of a high payout ratio though.
ReplyDeleteKeith,
DeleteThanks for the comment. I agree that some of my recent purchases are a bit speculative. With that said, I have a pretty solid core of companies so I'm ok reaching a little bit outside of my normal comfort zone. By the end of the year I will undoubtedly purchase many more shares of T, KO, PEP, PG, PFE, PM, CVX, CLX, GE and other wide moat companies.
Take care,
MDP