Today I doubled my VZ position.
- VZ: 50 shares @ $48.05 --- Yield 4.81%
Total capital invested is $2409.35 and will add $115.50 to my yearly dividends.
VZ is down about 10% this year and now yields more than T. That doesn't happen very often if ever. Eventually I would like to add T as a complement to VZ. Telecoms, while not very flashy can really juice up the dividend income stream.
Forward dividends are around $6850.00.
Awesome company I don't own VZ but a small position in T right now. Always looked but never bought
ReplyDeleteD&H,
DeleteBoth companies are great, but VZ looks a bit more unloved. I hope to own some share of T in the future!!
MDP
Thank you for the update. I am now eyeing on Verizon too.
ReplyDeleteMU,
DeleteCompared to T, VZ looks so much better right now!
MDP
Waiting for the cash to hit the account and picking up some VZ too.
ReplyDeleteD4F,
DeleteGo go go! Good price great yield!!
MDP
Nice one! I also bought a couple of shares today. You'll hit the 7k soon enough, keep it up!
ReplyDeleteHA,
DeleteVery nice! I hope to hit $7 this month for sure. I'll probably tone down the purchases this month.
MDP