Picked up 230 and 144 shares of T at $34.27. This allowed me to increase my position in the 2 accounts by 5 and 2 shares repectively in 10 days. I went from 225 shares in the first account and from 142 in the second account.
Those 2 trades allowed me to increase my potential annual dividend by a total of $13.16. T has been just chugging along and staying relatively flat. As long as I increase my shares on each trade, I have won already. As I see it, if the price drops after I repurchase more shares, then I will continue to collect the dividend until the price appreciates.
On 4/28/2015, my share count was at 220 shares on the account that has 230 shares in it. That represents a 10 share increase and a 4.5% increase in total shares in just over a month. As for the account with 144 shares, it had 139 shares in it as of 5/18/2015. This represents a 5 share increase and a 3.6% increase in total shares in 2 weeks. I cannot complain about that.
A few shares added on each trade really increases the total annual dividend. I have been trading in 3 accounts lately, and the numbers are coming along quite nicely even though the stock is just meandering along. I would not mind if T kept doing exactly the same thing. Good luck to all.
I am still working to get my phone bill straightened out. Imagine this. I have been a shareholder of T both directly and indirectly for decades. However, I have phone service with T Mobile. Someone must be trying to tell me something. Anyhow, I have been sitting on this phone for quite some time trying to get an operator or representative to iron this out. It is still ringing, but the computer told me it was going to connect me to a representative. That was probably 100 rings ago. Great customer service, so far. Well good luck in the market, and let me know how all of you are doing.
Robert the DividendDreamer
AKA — Seeking Dividends
Follow me on Twitter– Seeking Dividends@DividendDreamer
AKA — DividendDreamer