Today I add to my XOM position.
- XOM: 16 shares @ $68.47 --- Yield 5.08%
Total capital invested is $1095.52 and this purchase will increase my yearly dividends by $55.68.
XOM briefly traded at a 5% yield at the end of 2018 when I last added shares. Will add more if weakness continues. I am also closely watching HP (Helmerich & Payne) which is now trading in the high 30s and its yield is approaching 8%. I'll probably initiate a position around $35. Also Shell in the $40s and BP in the $20s will peak my interest if they get there.
DEFY MEDIOCRITY
MDP -
ReplyDeleteAnd the adding to the income total continues!
-Lanny
Lanny,
DeleteThanks brother! Energy is one a few sectors that looks attractive right now. Pharma is another
MDP
Going to follow your lead on XOM. Got a limit order in the queue! Cheers!
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