Volatility has returned to the market and we are starting to enter 10% correction territory.
Here are my weekly buys that went through yesterday-
This weeks purchases 10/13 (Dow 16,315):
- $300 of CVX at $112.07. Yield 3.82%.
- $300 of BBL at $54.05. Yield 4.59%.
- $250 of RDS.B at $72.31. Yield 5.20%.
- $200 of GE at $24.50. Yield 3.59%.
$1050 of new capital invested adding $45.40 to my annual dividend income.
Note: Chevron is now approaching 4%. I have been a shareholder since the middle of 2010 and the highest initial yield I have seen was 3.94% back in July 2010. It was trading at $73 and paying out $.72 quarterly. I will continue to add at these levels and will be more aggressive at 4% ($107). I would like to bring CVX to a full position.
This was my first addition to Shell this year. I have a full position in Shell but will start adding more if it gets below $70.
On my radar for next week: CVX, BBL, MCD, V, ACN, AFL