A first time for me! September is my birthday month so a while ago I celebrated my birthday with my loved ones. Although not required there is usually a few gifts here and there, mostly money. Since my financial “awakening” I’ve been very careful what to do with my money, so instead of buying another Bluray for my evenings entertainment I’ve decided to purchase some more shares!
Since GIS was still on my watchlist and all signs were green I’ve added 5 shares to my already existing position. I’ve bought the shares @ $52,20, dollar cost averaging for the second time! So my average cost at this time is (5 x 58,83)+(5 x 52,20) / 10 = $55,52.
|Trackrecord||13+ years of dividend growth|
|Valuation||$1,80 above 52-week low | $11,98 below 52-wk high|
With a quarterly dividend of $0,49 this should bring me (5 x 0,49 x 1 (one payout in the last quarter) -15% tax = $2.08 closer towards my goal for 2017. My forward annual income should ofcourse increase with four times that amount: $8,32 to a total of $165,15.
As always your comments are much appreciated.