Money and Finance
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase will add an extra $70 of income per year before dividend increases.
My YOC on my McDonald's position was 3.02% and my cost basis was $92.83 per share. After this purchase, my YOC is 3.13% and my cost basis is down to $89.60.
I probably jumped the gun a little bit on this purchase because if the markets continue to pullback there could be better buying opportunities. But I figured for a company as well run as McDonald's it was time to at least add to my position.
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Mcdonald's (mcd) Earnings Miss
McDonald's reported earnings for the 3rd quarter this morning before the opening bell where they beat on sales but missed on profit. The good news for long-term believers in McDonald's is that shares sold off 3.40% after the announcement...
- Recent Buy
This morning I pulled the trigger and purchased 23 shares of Caterpillar (CAT) for $82.75 per share. Based on the recently announced quarterly payout of $0.52 per share my YOC for the position is 2.50%. The CAT shares will provide an extra $47.84...
- Recent Buy
This morning I picked up 55 shares of Kinder Morgan, Inc. (KMI) at $35.04 per share. Assuming an annual dividend from KMI of $1.40 per share, based on the last quarterly payment of $0.35, my YOC for the position is 3.98%. The 55 shares will provide...
- Recent Buy
This morning I purchased another 40 shares of Harris Corp (HRS). I purchased these shares for $46.24 each plus commission. My cost basis ended up being $46.44 which now brings my total cost basis in Harris to $46.84. I was able to purchase the shares...
Money and Finance
Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase will add an extra $70 of income per year before dividend increases.
My YOC on my McDonald's position was 3.02% and my cost basis was $92.83 per share. After this purchase, my YOC is 3.13% and my cost basis is down to $89.60.
I probably jumped the gun a little bit on this purchase because if the markets continue to pullback there could be better buying opportunities. But I figured for a company as well run as McDonald's it was time to at least add to my position.
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Mcdonald's (mcd) Earnings Miss
McDonald's reported earnings for the 3rd quarter this morning before the opening bell where they beat on sales but missed on profit. The good news for long-term believers in McDonald's is that shares sold off 3.40% after the announcement...
- Recent Buy
This morning I pulled the trigger and purchased 23 shares of Caterpillar (CAT) for $82.75 per share. Based on the recently announced quarterly payout of $0.52 per share my YOC for the position is 2.50%. The CAT shares will provide an extra $47.84...
- Recent Buy
This morning I picked up 55 shares of Kinder Morgan, Inc. (KMI) at $35.04 per share. Assuming an annual dividend from KMI of $1.40 per share, based on the last quarterly payment of $0.35, my YOC for the position is 3.98%. The 55 shares will provide...
- Recent Buy
This morning I purchased another 40 shares of Harris Corp (HRS). I purchased these shares for $46.24 each plus commission. My cost basis ended up being $46.44 which now brings my total cost basis in Harris to $46.84. I was able to purchase the shares...