First some portfolio updates:
Since my last post, I have received dividend payments from Xilinx Inc. and Waste Management.
Xilinx Inc paid me a total of $1.97 in dividends which I reinvested and bought 0.0618 shares at $31.88.
Waste Management paid me a total of $4.14 in dividends which I reinvested and bought 0.1277 shares at $32.42.
On deck is Kraft (KFT). Tomorrow is their Ex-Dividend date (06/27/12) and I'm speculating a dividend date sometime in July or August.
I recently became aware of a Real Estate Investment Trust (REIT): Realty Income Corporation (Ticker symbol: O). What struck my fancy was the monthly dividend payments this REIT pays. It's current dividend yield pays at 4.40% and has been up about 3 points since I got introduced to it.
On the surface, this looks like a great investment but I still have to do my homework (and accumulate enough capital to buy a sizable position) to see if the monthly dividend is worth having another position to manage.
Meanwhile, Europe has been pulling the global economy down... at least it feels that way. Spain and Greece are currently experiencing what the US had gone through in 2008. Basically, all the US can do is wait and hope that Europe would figure out a way to fix this recession.
I'm just happy that my portfolio and retirement accounts have managed to survive this Euro situation. I'm sad that I currently don't have enough capital to double down on my positions and mutual funds (car repairs would do that).
Hopefully this would be an opportunity for me to keep buying while everyone seems to be selling. Good times for the bullish!
