Friday, 10 April 2015

New Purchase - Royal Dutch Shell

On April 10, I initiated a position in Royal Dutch Shell (RDS.b).

Number of shares purchased
Price per share
Total cost per share
Total cost
Annual dividend per share
Initial dividend yield
Increase in forward 12-month dividends

My dividend income is now $8,282.51 per year.


  1. ADY,

    I really like the purchase here. I plan on buying more shares next Tuesday. I actually sold some call options on BP at $48 recently. Right now I like the idea of buying Shell and possibly selling of some shares of BP. It will be interesting to see how these two trade in the coming months.


  2. In the short term, it's difficult to know where all this is going. But in the long term, I believe oil is going up. I came very close to selling 100 BP shares (bought at $35.25 in Dec 2014) to buy RDS, reason being the CAD to USD exchange rate (the above transaction cost me over $3,800 CAD). In the end, I swallowed the 1.26 exchange rate because BP is still very cheap. If BP shots up to around $48, I might just sell these shares and look for an undervalued stock.

    Last week, I placed a limit order for a put option on RDS, but it didn't go through (Nov 2015 $60 @ 4.40). Mgts long term plan and vision...debt reduction, dividend, share buyback...fits with me and, should the share price remain low, I'm prepared to either sell a put or buy more shares...might even to both.

    In todays world, it's all about the next quarter, which gives real investors the opportunity to buy cheap!