Down but about to rebound? Only stock picks

morris

Superstar
Joined
Oct 8, 2014
Messages
16,531
Reputation
4,935
Daps
36,265
PIR reports Wednesday after market close.
o2gttw5hktr21.png
Tanking hard. Down 20%
 

NeilCartwright

All Star
Joined
Nov 7, 2014
Messages
3,417
Reputation
881
Daps
10,538
Reppin
Atlanta
Verizon 4.12% yield on cost
AT&T 6.51%
Ford 6.6%
Coca Cola 3.41%

A grand could get you about 17 shares of Verizon which would pay you almost $41 back in dividends. At 24 shares of Verizon your dividend will buy you another share.

21 shares of Coke which pays $33.60 back at about 30 shares of Coke your dividend will buy you another share.

15-16 shares of AT&T will pay $30.60 which is about enough to buy another share. Same with Ford. 16 shares buys you another share.

Your $1000 will get you 109 shares of Ford which pays $65 which buys you 5 more shares.

You reinvest the dividends to buy more stocks while you buy more yourself. It snowballs from there.

I own all the stocks I listed simply for the dividends they pay. They're all long standing companies who typically maintain enough cashflow to maintain the dividend but Ford and AT&T would be the most troubled of that group to me.
Which brokerage account do you go through that has a DRIP option?

Right now I’m using Robinhood, which is all right but I have to manually transfer dividend payouts. Would rather them automatically buy of w/e stock they payed out from
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,842
Reputation
3,811
Daps
69,392
Reppin
Michigan
Which brokerage account do you go through that has a DRIP option?

Right now I’m using Robinhood, which is all right but I have to manually transfer dividend payouts. Would rather them automatically buy of w/e stock they payed out from
Chase You Invest and Fidelity have DRIP. When I need a real brokerage account I use Fidelity. When I just want a cheap option I use Chase You Invest with it's 100 free trades a year if your account is over $15,000.
 

morris

Superstar
Joined
Oct 8, 2014
Messages
16,531
Reputation
4,935
Daps
36,265
Wish me luck. Just bought a few dozen shares of PINS (Pinterest)

Maybe too early ...
 

SEX!!

Fukk Nicole
Supporter
Joined
Apr 3, 2013
Messages
16,919
Reputation
5,665
Daps
68,972
Wish me luck. Just bought a few dozen shares of PINS (Pinterest)

Maybe too early ...
aren't they owned by facebook? Might cop a share or two cause I can see pinterest getting more popular over time
 

Doomsday

Superstar
Joined
Feb 19, 2014
Messages
10,000
Reputation
2,508
Daps
23,695
I ain't buying shyt if it ain't dividend.

Also, when you get that dividend payment, how do you transfer it as liquid cash?
 
Top