I added more shares to my portfolio with the purchase of AT&T Inc.
33 shares @ $35.82 on 10/13/2017.
This increases my forward 12-month dividend income by $64.69 to a total of $4,289.22
I also updated my portfolio page to reflect the change.
Check out the article that was published over at Seeking Alpha about AT&T.
When I first bought shares of AT&T on September 7, the stock jumped almost 8%. I was actually upset because I wanted to add more shares and thought that I would not get another opportunity. In just a matter of a few weeks, the stock price dropped about 8.5%. Not only did it drop about 8.5%, but the very next day was payday for me. You better bet that I was very excited to be in a position to add more shares.
If the share price stays under $36.00, I will be adding more. Make sure to check out the article to read about ATT fundamentals as well as its fair price analysis.
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What stock are you buying this month?
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Great buy, I hope to add shares next month 😉
Thanks. I hope to add some more as well.
Hi Felix :
33 shares @ $35.82 on 10/13/2017.
You bought at a very low price !
This increases your forward 12-month dividend income by $64.69
I have a question , please advise me :
The dividend income is 64.69 while the trade commission is $4.5
Is it too expensive , 4.5/64.69 = 6.9% ?
even 4.5/(33*35.82) = 0.38% , too expensive ?
Hi Paul,
Great question. It would be expensive if it was happing every year. However, this is a one time cost.
I use this one to calculate expenses: 4.5/(33*35.82) = 0.38%
How about GE ?
I am liking it. I need to spend more time reading and researching to see whats going on, but right now I like it.
FV –
Hell yah! Congrats on adding to your position of AT&T, foundation stock, incredible yield, an aristocrat, love it. I may be adding soon as well. Love that reinvestment.
-Lanny
Thanks Lanny!! If it stays at this level, I will be adding more once I get paid at the end of this month. thanks for stopping by!!
Felix ,
Are you still LONG for T ?
I just bought 3,475 shares @33.96
WOWOWOW!!! yea I am. I am going to buy more once I get paid on Tuesday. Great Price you got in.