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 :(ReplyDelete
It'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!!
How crazy is this, right now?! I honestly can't believe some of these prices/yields myself. Just astonishing.
I 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