Purchase 10 shares AbbVie

Last week I bought 10 more shares of AbbVie at a price of $67,77. After AbbVie announced the purchase of Allergan, the stock price tanked as a result of the premium paid for the takeover.

I decided to add 10 more stocks AbbVie to my portfolio. As a result of this purchase I now own 45 shares AbbVie.

By making this purchase my average purchase price of AbbVie stocks declined from $82,84 to $79,50.

As a result of buying 10 more shares my yearly estimated dividend income will increase by $42,80. Based on the new average purchase price the new yield on cost for me is 5,38%.

Purchase 5 McDonalds & 12 AbbVie

My June purchase I did spread over 2 positions in my portfolio.

I bought 5 shares McDonalds bringing my total number of McDonalds shares to 11. Also I increased my position in AbbVie again. I added 12 shares and now own a total of 35 shares AbbVie. AbbVie is now one of my largest positions in my stock portfolio.

With these 2 purchases I increased my expected yearly dividend income with $66,28

Purchase 8 shares AbbVie

This week I purchased 8 additional shares AbbVie at a price of $95,85. This brings my total position in AbbVie on 23 shares. With this purchase my yearly estimated dividend income increased with $7,96.

AbbVie is down 23% from the high course of $123,21 reached at the end of January. This is mainly due to Abbvie backing away from pursuing accelerated approval for Rova-T after disappointing mid-stage data in third-line lung cancer. As I didn’t want to put my full monthly deposit in the speculative purchase of Washington Prime Group, I decided to also buy a few additional shares of AbbVie now the share price is down a bit.

Current yield of AbbVie based on a quarterly dividend of $0,96 is 4,0%.

Dividend Increase AbbVie

Today AbbVie announced that the quarterly dividend will be increased from $0,71 to $0,96. This is an increase of 35%.

I have 15 shares AbbVie so this dividend increase results in an estimated yearly dividend increase of $15,00.

The yield on cost after this dividend increase is 5,90%.

Dividend Increase Abbvie

Recently Abbvie did go ex-dividend and the dividend got increased from $0,64 per quarter to $0,71 per quarter. This is an increase of 10,9%. The yearly expected dividend per share is now $2,84.

I own 15 shares of Abbvie so my yearly expected dividend increased with $4,20.

The expected yield on cost is now up from 3,93% to 4,37%.