As I announced on my Facebook page, the conditional order triggered the trade today morning and I bought some more shares of AT&T. This addition helps increase my overall dividend payout to 652.41 dollars a year.
TRADE DETAILS
04/25/2013 09:31:12 Bought 26 T @ 37.36
DIVIDEND STOCK DETAILS
| Total shares held as of today: | 87 |
| Estimated annual dividend: | $156.60 |
| Consecutive Dividend Increase: | 8 years |
| Dividend yield today: | 4.86% |
| Dividend 5yr Growth: | 3.78% |
| Dividend paid since: | 1881 |
Once you increase your holding to 100 shares of AT&T, you’ll be able to sell covered calls in addition to receiving the dividend. Calls are a great way to boost your income.
That is exactly my plan to do. But with this holding I will do it carefully, since I do not want this stock to be called away. So we will see how that will go.
Thanks for stopping by and dropping a word!
AT&T has been a great holding for me, love the dividends with this one! The dividend growth is kind of slow (we know they’ll do increases at least), but I think this will be a good company to hold as long as people are willing to pay out the wazoo for smart phones and phone plans. The fact that people are willing to pay just about anything (it’s just a way to talk to people, lol) is what attracted me to T. I wouldn’t mind adding VZ at some point too!
Same for me. Even with the drop the company suffered I am still making money and collecting dividends.