Today, I purchased shares in two unloved companies.
Rogers Communications (RCI.B)
50 shares @ $41.35
Initial yield 4.4%
Increase in forward 12-month dividends: $91.50
I now hold 275 shares of Rogers with an average price of $44.00.
50 shares @ $60.50
Initial yield 3.4%
Increase in forward 12-month dividends: $104
I now hold 250 shares of Target with an average price of $61.42.
My yearly dividends now stand at $6,391.96.