Money and Finance
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 is suffering from the slowdown in the global economy leading to lowering demand for their products. Intel has been late to the game in mobile/tablets and is trying to make up ground. Earlier this year Caterpillar increased their dividend by 15% which I took as a very positive sign from management. Lately though I'm not so sure about it. Intel failed to increase their dividend after four straight quarters of paying $0.225 per share and they are struggling to make inroads into mobile. I reduced both positions on Wednesday morning in order to be able to put that capital to work in companies that I feel have better prospects going forward and to gain exposure to another sector.
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- Weekly Roundup - September 28, 2013
This past week was pretty good. We finished another well and things went pretty smooth. Now I get to be home for my cousin's wedding today and through the rest of the weekend. Unfortunately I'll be heading back to work sometime early next...
- Recent Buy
On Tuesday, April 16th I added to my position in Caterpillar (CAT) by purchasing 18 more shares at $82.60 per share. I would have waited and tried to make the purchase tomorrow to get own the shares in time for the next dividend payment in May, but...
- 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 Buys
This morning I bought 20 shares of AT&T @ $28.29 and 15 shares of Intel at $23.24. It's days like the last week where I wish I had more capital. The shares of T are giving me a 6% YOC and INTC are giving me 3.53%. I don't expect AT&T to give me...
- Recent Sell - Intel (intc)
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...
Money and Finance
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 is suffering from the slowdown in the global economy leading to lowering demand for their products. Intel has been late to the game in mobile/tablets and is trying to make up ground. Earlier this year Caterpillar increased their dividend by 15% which I took as a very positive sign from management. Lately though I'm not so sure about it. Intel failed to increase their dividend after four straight quarters of paying $0.225 per share and they are struggling to make inroads into mobile. I reduced both positions on Wednesday morning in order to be able to put that capital to work in companies that I feel have better prospects going forward and to gain exposure to another sector.
Read more »
- Weekly Roundup - September 28, 2013
This past week was pretty good. We finished another well and things went pretty smooth. Now I get to be home for my cousin's wedding today and through the rest of the weekend. Unfortunately I'll be heading back to work sometime early next...
- Recent Buy
On Tuesday, April 16th I added to my position in Caterpillar (CAT) by purchasing 18 more shares at $82.60 per share. I would have waited and tried to make the purchase tomorrow to get own the shares in time for the next dividend payment in May, but...
- 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 Buys
This morning I bought 20 shares of AT&T @ $28.29 and 15 shares of Intel at $23.24. It's days like the last week where I wish I had more capital. The shares of T are giving me a 6% YOC and INTC are giving me 3.53%. I don't expect AT&T to give me...
- Recent Sell - Intel (intc)
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...