With the closing of October within reach I made another purchase this month. This week RDSA was pretty volatile and was dropping under €23 again. I wasn't really aiming to make another buy this month but with the current yield, and expected better Q3 report by Shell, I decided to expend my position a little bit more.
So last friday I bought another 10 shares RDS for €22,90. Including transaction fees the total costs wee €231,05 or €23,105 per share. This was just below the average costs of the previous 50 shares we already owned, which was €23,21 per share.
The new average cost per share are now €23,19. Shell annual dividends are $1,88 per share or €1,72 at the current euro/dollar rate. That brings the YOC for my RDSA shares to 7,4% and there by one of my highest yielding companies.
This buy increases my 12 month forward dividend with €17,20 to over €250 in total and just over €100 or RDSA alone.
As you can see RDS is taking up quite a big position in my portfolio. It now is time to increase other existing positions and invest in a couple of new companies.
So last friday I bought another 10 shares RDS for €22,90. Including transaction fees the total costs wee €231,05 or €23,105 per share. This was just below the average costs of the previous 50 shares we already owned, which was €23,21 per share.
The new average cost per share are now €23,19. Shell annual dividends are $1,88 per share or €1,72 at the current euro/dollar rate. That brings the YOC for my RDSA shares to 7,4% and there by one of my highest yielding companies.
This buy increases my 12 month forward dividend with €17,20 to over €250 in total and just over €100 or RDSA alone.
As you can see RDS is taking up quite a big position in my portfolio. It now is time to increase other existing positions and invest in a couple of new companies.
Congrats on still making those buys. As you know many of our fellow dividend peers are selling some or all of their positions feeling the market is already at lofty levels. Don't forget to diversify your portfolio. You don't want any one position to get too large and be a major source of your passive income stream. While I don't have any energy stocks in my portfolio I know RDS is a popular name in the space.
BeantwoordenVerwijderenThank you and thank you for your warning. I agree with you about diversifying. My next blogpost will be about diversifying and new companies on my watchlist.
BeantwoordenVerwijderen