This week, three of the portfolio holdings ranked in the Top 10: BKH, FMCB, and PPG.
| Ticker | Account Value |
| BKH | 2,664.24 |
| FMCB | 2,925.12 |
| PPG | 2,554.17 |
But guess what? None of the above matters because it is time to add a new position to the Portfolio for the Ages!
…This week, four of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, and PPG.
| Ticker | Account Value |
| BKH | 2,740.74 |
| FMCB | 2,940.00 |
| MMM | 2,366.78 |
| PPG | 2,641.76 |
The lowest amount belongs to MMM which last traded at $91.03. Therefore, in order to invest a minimum of $250 in MMM, I need to purchase 3 shares on Monday. But that’s not all!
…For every 4 shares of MMM held at the close of business 2024-03-18, shareholders received 1 share of SOLV plus cash in lieu of any fractional shares on 2024-04-01. The Royal Dividends portfolio received 6 shares plus $32.44 in cash. Using a limit order to sell for no less than $69.55 per share, I have sold those 6 shares and closed out the position for 6 x $69.55 = $417.30. The proceeds from this sale plus the cash equals $449.74 and will be treated as dividend income received from MMM for performance purposes.
…This week, four of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, and PPG.
| Ticker | Account Value |
| BKH | 2,784.60 |
| FMCB | 2,940.00 |
| MMM | 2,757.82 |
| PPG | 2,463.30 |
The lowest amount belongs to PPG which last traded at $144.90. Therefore, in order to invest a minimum of $250 in PPG, I need to purchase 2 shares on Monday. See the 2024-01-27 post for a slightly deeper dive into historical performance of PPG. Below, is the purchase history and average cost calculation.
This week, four of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, and PPG.
| Ticker | Account Value |
| BKH | 2,403.50 |
| FMCB | 2,940.00 |
| MMM | 2,776.28 |
| PPG | 2,423.52 |
The lowest amount belongs to BKH which last traded at $52.25. Therefore, in order to invest a minimum of $250 in BKH, I need to purchase 5 shares on Monday. See the 2024-02-24 post for a slightly deeper dive into historical performance of BKH. Below, is the purchase history and average cost calculation.
This week, four of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, and PPG.
| Ticker | Account Value |
| BKH | 2,136.92 |
| FMCB | 2,925.00 |
| MMM | 2,730.00 |
| PPG | 2,343.62 |
The lowest amount belongs to BKH which last traded at $52.12. Therefore, in order to invest a minimum of $250 in BKH, I need to purchase 5 shares on Monday. See the 2024-02-24 post for a slightly deeper dive into historical performance of BKH. Below, is the purchase history and average cost calculation.
This week, five of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, MO, and PPG.
| Ticker | Account Value |
| BKH | 2,207.44 |
| FMCB | 2,922.63 |
| MMM | 2,129.34 |
| MO | 2,428.46 |
| PPG | 2,392.41 |
The lowest amount belongs to MMM which last traded at $93.90. Therefore, in order to invest a minimum of $250 in MMM, I need to purchase 3 shares on Monday. Below, is the purchase history and average cost calculation.
This week, six of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, MO, NFG, and PPG.
| Ticker | Account Value |
| BKH | 2,108.63 |
| FMCB | 2,925.00 |
| MMM | 2,112.78 |
| MO | 2,369.88 |
| NFG | 1,950.40 |
| PPG | 2,371.84 |
The lowest amount belongs to NFG which last traded at $48.76. Therefore, in order to invest a minimum of $250 in NFG, I need to purchase 6 shares on Monday. See the 2024-02-10 post for a slightly deeper dive into historical performance of NFG. Below, is the purchase history and average cost calculation.
This week, five of the portfolio holdings ranked in the Top 10: BKH, FMCB, MMM, NFG, and TDS.
| Ticker | Account Value |
| BKH | 1,883.52 |
| FMCB | 2,997.00 |
| MMM | 2,129.34 |
| NFG | 1,958.80 |
| TDS | 4,840.35 |
The lowest amount belongs to BKH which last traded at $52.32. Therefore, in order to invest a minimum of $250 in BKH, I need to purchase 5 shares on Monday. Below, is the purchase history and average cost calculation.
This week, five of the portfolio holdings ranked in the Top 10: BKH, MMM, NFG, PPG, and TDS.
| Ticker | Account Value |
| BKH | 1,874.88 |
| MMM | 2,098.75 |
| NFG | 1,920.00 |
| PPG | 1,844.83 |
| TDS | 4,843.80 |
TDS dropped 24% in a single day on disappointing quarterly earnings. I plan to write a bit more on TDS later this weekend. Thankfully, Royal Dividends is heavily invested in TDS and suffered a massive blow to performance. Now, for the first time in quite a while, I can happily state the portfolio is completely within weight tolerances.
The smallest position above is PPG and it last traded at $141.91. Therefore, in order to invest a minimum of $250 in PPG, I would purchase two shares on Tuesday [the market is closed on President’s Day]. However, there is $309.30 in accumulated dividends and option premium. I will use most of that to acquire another couple of shares for a total of four. Below, is the purchase history and average cost calculation. See the post on 2024-01-27 for an updated look at PPG’s historical performance.
