|Strategy||Dividend stock purchase|
|Total cost w/ commission||$3,567.00|
|Initial dividend yield||3.37%|
|Annual dividend income increase||$120.00|
|Comment||1) It's not a very good purchase price considering current price
trend. But I am fine with it because I
want to gradually accumulate energy stock shares.
2) From the daily chart, it seems that a better purchase price is around $82-$83. I'll wait that price range to add more shares or sell puts in my brokerage account.
Thursday, January 5, 2017
Dividend Stock Purchase: XOM
Today I also bought 40 shares XOM at $89 in my ROTH IRA account.