This weeks purchases 3/17 (Dow 17,849):
- $300 of CVX at $102.56. Yield 4.17%
- $300 of RDS.B at $61.08. Yield 6.16%.
- $250 of BP at $37.61. Yield 6.38%.
- $300 of PM at $77.83. Yield 5.14%.
Note: Continue to nibble on high yielding integrated major energy names along with PM. I cant help myself w/ PM over 5%!
On radar for next week- more of the unwanted and unloved: same as above, CAT, BBL
We're of the same mindset. Long lots of energy and PM myself.
ReplyDeleteGood mindset to have IMO. Yields are awfully juicy with PM and the energy names.
DeleteAA,
ReplyDeleteIt looks like you are opening the faucet a bit more. Great yields at these price levels.
MDP
MDP, hard to pass up these yields. We should be good in 3-5 years as long as there are no unforeseen dividend cuts. Keep up the good work building the pipeline yourself!
Deletecheers, AA
The yield return is 5.4%. That's awesome! Good job, AA! I'll look more at RDS.B. This is not in my portfolio yet.
ReplyDeleteThanks MU. Ive been long RDS.B for a few years. It has been a bit of a rocky ride but it does pump out the dividends!
Deletecheers, AA
Fantastic buys at great prices. I think I need to cost average down CVX.
ReplyDeleteThanks DD. CVX is my favorite out of the oil majors and I want to use this down term to bring it up to a full position. I will keep buying at 4%.
DeleteCheers, AA