I'm reporting my automatic purchases for this week:
I bought:
$400 of TD
$400 of RDS.B
$400 of WFC
I used $1200 in new capital and added $48.50/year to my dividend income. This is an average yield of 4.0%.
For some reason I either didn't post or deleted my post from last week on my blog about my automatic purchases so this is what I bought last week:
$475 of RDS.B
$1525 of TEVA
My forward 12-month dividends increased from $4607.56 to $4656.06.
Note: After last week's purchase of TEVA I'm done adding to TEVA for a while. Especially after the small run in price; my cost basis is $37.98/share.
I like the buys. I actually just sold a put on WFC this morning. I expect another dividend increase this year from them. Got to love the consistent buys adding to your dividend income. I've still got a ways to.
ReplyDeleteThanks! Yeah WFC has been on a run, I was hoping to pick up more before the price went up this much. Puts are definitely a good way to pick up additional shares at a cheaper price. I'll have to look at the WFC puts.
DeleteIt is nice to see my annual income go up every single week.
Thanks for stopping by!
Nice buys AAI. I was just talking about WFC with a coworker today. It's cheap relative to Canadian banks. Also, RDS.b seems cheap at current prices. Josh Peters bought some last week - the morningstar dude. I'll be having a serious look at these stocks this week.
ReplyDeleteADY,
DeleteThanks! I agree about WFC, too bad it keeps going higher as I wanted to buy more at cheaper prices. I think RDS.B is very attractive here also. It's on my list for another buy next week to bring it up to a full position. I believe energy, banking and the technology sectors have the best values at the moment.
Take care!