Money and Finance
Earlier this week I sold my stake in Intel (INTC) after the company announced they would not be raising the dividend again next quarter. This will be the 8th straight quarter that Intel has failed to raise it's dividend. I thought that this would be the quarter they would raise it but that wasn't the case. I can't sit by and keep my money in a company which has lost it's commitment to it's dividend so I sold. With this sale I did realize about an 18% capital gain in the stock which I can't complain about at all.
With the funds available from the sale I went on a bit of a shopping spree though! I bought shares in three solid dividend payers ....
1 - Pepsi (PEP) 15 shares of Pepsi at $83
2 - Chevron (CVX) 25 shares at $119.14
3 - McDonalds (MCD) 12 shares at $97.77
The sale of Intel leaves me light in the tech sector so I will be keeping my eyes on some tech companies like Cisco for possible future purchases.
- Position Closed - Intel Corporation (intc)
Yep, Intel announced yet another quarterly dividend payment of $0.225 per share. That would be 8 straight payments of $0.225. For a position that had the promise of being a solid dividend growth investment, I’m very disappointed in this. I’ve...
- Recent Sells
Well Wednesday brought about some changes to my portfolio. This is something I've been thinking about doing for a while with two of my positions. Both Caterpillar and Intel are great companies although they've fallen on hard times. Caterpillar...
- Recent Buys
On December 14th I added to my positions in both Intel and Bank of America. I purchased 30 shares of INTC at $23.27 and 80 shares of BAC at $5.25. My YOC for the new INTC shares 3.57% and the BAC YOC is 0.75%. The purchases have brought my YOC for my...
- March Dividend Update
March was a pretty light month for me in terms of dividend income. This is partially due to the fact that some of my old March dividend payers have moved the dividend to April, Walmart is one for instance. I like to keep all of my months fairly...
- June Dividend Update
My dividend total for June comes to $149.49 which is a big improvement over the $98.26 that I made last quarter in March and nearly double what I made last June where I earned $78.60. This is partially due to two of my stocks moving payments to this...
Money and Finance
Recent Sell - Intel (INTC)
With the funds available from the sale I went on a bit of a shopping spree though! I bought shares in three solid dividend payers ....
1 - Pepsi (PEP) 15 shares of Pepsi at $83
2 - Chevron (CVX) 25 shares at $119.14
3 - McDonalds (MCD) 12 shares at $97.77
The sale of Intel leaves me light in the tech sector so I will be keeping my eyes on some tech companies like Cisco for possible future purchases.
- Position Closed - Intel Corporation (intc)
Yep, Intel announced yet another quarterly dividend payment of $0.225 per share. That would be 8 straight payments of $0.225. For a position that had the promise of being a solid dividend growth investment, I’m very disappointed in this. I’ve...
- Recent Sells
Well Wednesday brought about some changes to my portfolio. This is something I've been thinking about doing for a while with two of my positions. Both Caterpillar and Intel are great companies although they've fallen on hard times. Caterpillar...
- Recent Buys
On December 14th I added to my positions in both Intel and Bank of America. I purchased 30 shares of INTC at $23.27 and 80 shares of BAC at $5.25. My YOC for the new INTC shares 3.57% and the BAC YOC is 0.75%. The purchases have brought my YOC for my...
- March Dividend Update
March was a pretty light month for me in terms of dividend income. This is partially due to the fact that some of my old March dividend payers have moved the dividend to April, Walmart is one for instance. I like to keep all of my months fairly...
- June Dividend Update
My dividend total for June comes to $149.49 which is a big improvement over the $98.26 that I made last quarter in March and nearly double what I made last June where I earned $78.60. This is partially due to two of my stocks moving payments to this...