It's been a while since I have added to my energy positions, so I decided to add some Shell shares to my portfolio today.
- RDS-b: 35 shares @ $57.20 --- Yield 6.57%
Total capital invested is $2008.92 and will add $131.60 to my yearly dividends.
While Shell has had NO problem cutting jobs during the past year, it hasn't seemed willing to cut the dividend. This is a good thing!
I certainly don't think Shell is super cheap right now, therefore I am slowing easing into the position unlike 2 years ago when I went too heavy into energy too soon. It's hard to believe that this company was yielding over 10% around 6 months ago when it was trading in the mid 30s.
Also, I recently manually calculated my dividend payments and this purchase puts me back over $3000 in forward dividends.
DEFY MEDIOCRITY
