Monday, 11 November 2013

New Purchase - GreenStar Agricultural Corp.

I added 1000 more shares of GRE today.

September/October purchase: 2100 @ $1.0704 ($1.0657 before commission); initial dividend yield 5.61%

Today’s purchase: 1000 @ $0.94 ($0.93 before commission); initial dividend yield 6.38%

My average cost per share, including commission, is $1.0283.

This purchase will add $60.00 to my forward 12-month dividends, which sits at $5,252.58.

My last two purchases have added significant risk to my portfolio so I'm looking to add more blue chip shares to compensate. One possibility is to trade one of my over valued stocks for something undervalued, like BAX or TGT.

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