- 53 shares of Microsoft Corporation. (MSFT) @ $28.48
This purchase will add $48.76 to my annual dividend income.
Everybody knows Microsoft the technology giant. Microsoft has raised its dividend for 10 years in a row. I'm pretty sure management is planning to continue doing that. Chuck Carnevale did a good review on the stock, you can read it here. It shows how incredebly overpriced the stock was in 2000, valuations today make a lot more sense.
I've been watching it since January, but decided to buy other stocks, mainly in the Financial sector (AFL, WFC, MA and WMT). I kinda wish I pulled the trigger a little bit sooner, but I'm happy with today's price too.
Thanks for reading.