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-$18 in dividends during this period making it a rather stealthy investment.
I will add a few hundred more shares as the yield continues it's march to 10%.
Merry Christmas everyone!! 2019 is going to be OUTSTANDING!!
What a buy :) Bought 20 T for 29.9$ sad it went down further :(
ReplyDeleteP2035,
DeleteIt's happened to all of us. I have bought shares of T over 30 a few different times. Glad the dividend stocks are coming down in price so we can continue to build up the portfolio!!
MDP
MDP -
ReplyDeleteHow crazy is this, right now?! I honestly can't believe some of these prices/yields myself. Just astonishing.
-Lanny
Lanny,
DeleteI hear you brother! So many names are at crazy high yields...IBM, PM, SO, UPS, XOM, LB, M, GIS, KHC, BBY, BBBY, MMM,....hard to narrow down the purchases
MDP
Hi ggreat reading your blog
ReplyDelete