Money and Finance
Recent Buy - Piedmont Natural Gas (PNY)
Earlier this week I added to my position in Piedmont Natural Gas (PNY). Piedmont Natural Gas Company, Inc., an energy services company, engages in the distribution of natural gas to residential, commercial, industrial, and power generation customers in North Carolina, South Carolina, and Tennessee. It also operates energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas storage, and intrastate natural gas transportation.
I purchased another 32 shares at $36.80 which totaled $1187 and now gives me an even 100 shares of this dividend champion. Sadly I missed the ex-div date by just a few days so I'll miss out on the dividend next month from the new shares.
PNY Basic Statistics
- Ticker Symbol: PNY
- PE Ratio: 18.77
- Yield: 3.5%
- Dividend Growth 10yr: 4.8%
- Payout Ratio: 64%
- Market cap: $3 B
- Website: http://www.piedmontng.com
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Recent Buy - New Jersey Resources
This week I decided to switch some things around in the portfolio. Nothing too major but in the wake of the pending sale of Piedmont Natural Gas (PNY) to Duke energy (DUK) I decided to sell my stake in PNY. Shares jumped around 20% after the big news...
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Duke Energy Is Acquiring Piedmont Natural Gas (pny)
This morning I got word that one of my favorite dividend utilities is being purchased by Duke Energy. The deal which is a cash deal and is set to be completed by the end of the year for nearly $5 billion in cash. PNY shareholders are set...
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Recent Purchase - Piedmont Natural Gas (pny)
I think that most dividend investors try and seek out the most undervalued dividend stocks to add to their portfolios when the money becomes available. While I think that is a fantastic idea I'm a bit different in that I like to keep my payments balanced...
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Recent Buy - Chevron (cvx)
Recently added to my position in Chevron. I purchased another 9 shares at $120.90 giving me a total of 19 shares. The stock has been dropping a little recently from the $125 range on some earnings and productivity concerns and in this market I'm happy...
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Recent Buy - Wgl Holdings (wgl)
Today I added to my position in WGL Holdings (WGL). I purchased 26 shares at $42.50 which brings my total position to 66 shares. WGL has a dividend yield of 3.90% and has raised it's dividend for 37 years straight making WGL a dividend champion. ...
Money and Finance