Wednesday, January 13, 2016

Recent Buy: The Southern Corp



On January 13, 2016 I bought 41 shares of the Southern Company (SO) at $46.50 per share for a total of $1913.50. I bought SO using the funds from my CVX and COP sell. This will increase my dividends by $88.97 per year. 



I also bought 10 powerball tickets for a total of $20. This will reduce my bank account by $20. 

My dividends currently stand at $2,186.60 + FCISX + SCHD distributions.

2 comments:

  1. I have held SO for many years. Also have ED and D among the utilities. I know the utilities aren't that popular among the DGI bloggers but some exposure to the low growth sector is OK especially with that nice yield. Thanks for sharing. I wonder if others will rotate out of energy and out the cash in other sectors. Thanks for sharing.

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    1. hi DH, I view utilities as the bread and butter of a good portfolio. Thick and thin people will always need electricity and water. Too bad it took me this long to realize it. Thanks for visiting

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