Tuesday, September 24, 2013

Sharebuilder DRIP Purchases- KMR, KMI, RDS.A, TEVA

Reporting my weekly buys that went through today. 

Market was down for the fourth straight day and closed at 15,335.

Today's purchases:
  • $250 of KMR at $74.73. Yield 7.07%.
  • $200 of KMI at $36.26. Yield 4.41%.
  • $150 of RDS.A at $65.72. Yield 5.48%.
  • $150 of TEVA at $38.61. Yield 2.59%

$750 of new capital invested adding $38.59 to my annual dividend income.


  1. Hi AA,

    Great site. I was just wondering, is there a reason why you are buying RDS.A and not RDS.B shares?

    Dividend Growth Investor

  2. DGI, thanks for stopping by.

    There is no tax withholding if you auto reinvest the RDS.A dividends and your brokerage is part of the Shell Scrip program (Sharebuilder is). If you take the A shares dividends as cash, you pay the withholding tax. Since I DRIP them, I started buying the A shares (they are cheaper and pay the same dividend as the B shares).


  3. AA,

    That is pretty smart. In terms of the mechanics of enrolling into the scrip program, how did you do it? Is it as simple as clicking "reinvest dividends"?

    Please advise!


  4. DGI, with Sharebuilder..yes. But be sure to check with your broker to make sure they are part of the scrip program.