Thursday, October 6, 2016
Stock buy! MO
I just bought 40 shares of Altria (MO) at the price of 61,7 USD per share with a 4% yield. This will boost my annual dividend income by 97,6 USD!
Altria Group Inc. is a strong dividend champion that has been paying dividends for 47 years straight and the average dividend increase has been 10,7% for the last 15 years.
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Awesome stock it has been one i want to make more buys in but will probably buy others first but no telling.
ReplyDeleteYeah it really is a great one to own. I was considering between MO and T. But the current price of MO was better, I think T will drop more in near future.
DeleteGreat buy. Altria stock has been on a slight slide the past few weeks. I sold a put with a strike price of $62.50. So if the stock stays were it is, I'll be the proud owner of 100 shares.
ReplyDelete100 shares will already produce quite a nice income!
DeleteI probably want to get into some other companies next, unless the prices drop a lot on the current ones I already own.
While I don't own MO I think this is a nice pick up for any dividend portfolio. I am invested with PM currently though. I have been saying that it's nice seeing people continue to buy stocks when many of our fellow dividend bloggers are selling part of all of their portfolios. Thanks for sharing.
ReplyDeleteWell statistically its always best to just buy more. The best you can do is buy below the average price and that is good enough for me.
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