New Stock
I bought a new stock this past week! I bought a share of First Energy, stock ticker FE, for $33.07. If you want to learn more about it, here is the link to their website - https://www.firstenergycorp.com/about.html.
The reason I bought this stock was to add more weight to my utility stocks. It's also an electricity provider, which I'm trying to stay away direct coal/gas energy companies. I don't think they have a stable long-term future.
Since February of 2014, FE has paid out a quarterly dividend of $0.36. I realize they haven't raised their dividend, which would be a requirement for other dividend bloggers. As for me, I'm trying to research and learn about companies I like. They haven't raised their dividend, but they haven't reduced it either, so that's good.
A $0.36 dividend times 4 = $1.44. $1.44 of dividends divided by the purchase price of $33.07 = 4.35%. This is above 4%, nice!
Dividends
I received two dividends this past week -
9/30/2016 | Union Pacific | UNP | $0.55 |
9/30/2016 | Pub Svc Ent. Group | PEG | $0.41 |
Let's look at my dividend yields for these stocks
UNP - ($0.55 x 4 payments/year) / $87.35 purchase price = 2.52% yield - decent
PEG ($0.41 x 4 payments/year) / $45.90 purchase price = 3.57% yield - good!
1/1/2016 | 9/30/2016 | Change since Jan 1st | Average/Week | |
Robinhood Portfolio Value | $607.87 | $1,879.28 | $1,271.41 | |
Money from my pocket | $550.00 | $1,627.00 | $1,077.00 | $28.13 |
Dividends | $9.79 | $41.25 | $31.46 | $0.82 |
Gains/Realized & Unrealized | $48.08 | $211.03 | $162.95 |
Robinhood Portfolio Value = (Money from my pocket) + (Dividends) + (Gains/Realized & Unrealized)
2016 Investing Missions
You can click on the investing tab or here to see what stocks I currently have in my Robinhood portfolio.
2016 Mission | Amount I have | Amount Needed | % Complete |
Received $75.00 in Dividends | $40.58 | $75.00 | 54.11% |
Purchase 25 Dividend Stocks | 30 | 25 | 120.00% |
2016 Calendar Year | 268 | 366 | 73.22% |
You can click on the investing tab or here to see what stocks I currently have in my Robinhood portfolio.
Signed,
Mitch
Mitch