Year $Amount Rate $ made from dividend each year.
1 | 10000.00 | 0.085 | 850.00 |
2 | 10850.00 | 0.085 | 922.25 |
3 | 11772.25 | 0.085 | 1000.64 |
4 | 12772.89 | 0.085 | 1085.70 |
5 | 13858.59 | 0.085 | 1177.98 |
This chart is compounded yearly not quarterly... I put it together to see how a 5 year simple interest reinvested at the end of the year would look with a 8.5% yield. To me this is the minimum you can make and if you swing trade in tranches on the way up and buy on the way down!!
This last QTR with a 172 shares i'm going to get paid $149.62 if I keep the reinvesting going i'm looking at adding almost 3.5 shares. Now i'm at 222 shares plus the dividend increases!
I wanted to update my position in XOM because I shared buying here and on twitter. This is a legendary company with history and might not ever be in favor again with fossil fuels but I do think they are undervalued with all the segments they run and own in refining, chemicals, oil, nat gas, and renewables.
I enjoy the steady income and own it in a tax deferred traditional IRA so trades are easier to take profit.
Next blog post i'll go through some other companies i'm investing in and I sold my Amazon and got into PayPal. I rarely buy non dividend stocks because I own gold, silver, and platinum who don't pay a dividend so I want extra cash flow. I'll also break down my 401k how I recently am getting a little defensive.
Thanks for reading. Let me know if you own some XOM or another energy company!
DSF