Today I added to my MO position.
- MO: 5000 shares @ $41.19 --- Yield 8.74%
Total capital invested is $205,950. This purchase will increase my dividends by $18000. This brings my total share count up to 8370 shares. Total MO dividend income is now $30,132.
MO has had a rough couple of months and now is down over 13% for the year. The headlines and downgrades have been relentless. It's these time that I typically jump in and hopefully this proves to be a good entry point.
I haven't posted this year as I have not been adding dividend stocks after selling most of them last year. Let the fun begin again!