Thursday, 11 December 2014

New Purchase - BHP Billiton


On December 11, I initiated a position in BBL.

Number of shares purchased
50
Price per share
$42.80
Commission
$9.95
Total cost per share
$43.00
Total cost
$2,149.95
Annual dividend per share
$2.48
Initial dividend yield
5.77%
Increase in forward 12-month dividends
$124.00

My dividend income is now $8,088.13 per year.

3 weeks ago, I sold a Put in BBL ($50 @ 3.00). At the time, I was ready to pay $47.11/share. So when I saw shares dip below $43, it was hard to resist. 

2 comments:

  1. Great purchase. Very popular stock among DGI investors lately. We've also been adding shares to our holding lately. Can't beat the current prices!

    BTW...great annual dividend income. Your are rocking it with over $8K a year! Keep up the great work. AFFJ

    ReplyDelete
    Replies
    1. Thanks AFFJ.

      It's crazy how quickly share prices of oil & gas and materails companies have dropped. It's probably a great time to benefit from the turmoil.

      Delete