August is here and it's time to keep adding to the pipeline.
- RDS-b: 35 shares @ $52.59 Yield 7.15%
- MET: 40 shares @ $41.08 Yield 3.89%
Total capital invested is $3497.68 and the combined yield is 5.59% and will add $195.60 to my yearly dividends.
I was tempted to buy shares of BMY on a huge drop today. I already have 300 shares of PFE and a position in GILD, so I opted to add an insurer to further diversify the portfolio. I will watch BMY over the coming weeks and may still initiate a position. The yield is now around up to around 2.4% and looks pretty attractive here.
Other positions that I am eyeing closely are T, SO, PM, BA, PG, and TIS.
Forward dividends are $3400.00.
DEFY MEDIOCRITY
MDP, glad you are back at it! Think Shell buys are good here and will look great in a few years. I have been adding as well and dont think they cut the dividend. We are probaly part of the 1% of the country that wants oil at $100 barell and buy gas at $5 gallon and smiles each time we fill up!
ReplyDeleteAA,
DeleteThanks, brother! You are right about $100 oil. Shit, I'd take a steady $50 at this point. LMAO
It's all good. Oil companies are used to these boom/bust cycles and will rebound eventually.
It's good hearing from you and keep shoveling coal in the furnace!!
MDP
MDP -
ReplyDeleteWhat's another $200 add to your portfolio ? CHump change for you at this point. Just murdering it out there.
-Lanny
Lanny,
DeleteThanks, bud! I'm just a couple of T, PM, and SO purchase away from $4K in forward dividends. I can see me hitting that in the next month or so! I'm back in the game and am having a hard time keeping my foot off the pedal.
MDP
Hi MDP,
ReplyDeleteDon't you consider RDS to expensive right now? I do own quitte a lot of shares and did add some earlier this year but at the current valuation I wouldn't consider them a screaming buy.
Kisses,
Mrs. Moneypenny
Mrs.Moneypenny,
DeleteI don't think Shell is a screaming buy right now either, but it has a great yield and oil prices seems stable right now. If oil falls back into the 20s again, the price will plummet again. I wouldn't mind actually as I currently have little oil exposure.
MDP
I have been looking at shell but also a few others. But am looking to see if I can get in on some others on a dip so no telling what my next buy will be as it sometimes changes daily
ReplyDeletehttp://dividendsandhobbies.wordpress.com/
Doug