Trades

This week, six of the portfolio holdings ranked in the Top 10: FMCB, MDT, MMM, MO, NFG, and PII.

Ticker	Account Value
FMCB	3,000.00
MDT	1,720.32
MMM	2,445.59
MO	2,340.88
NFG	1,218.72
PII	1,513.76

There is currently an overexposure to the following positions: QCOM and TDS. These tickers are not eligible for additional investment at this time. However, these tickers did not make it into the Top 10 and so we can proceed unfettered. Of the six tickers currently in the portfolio and ranked in this week’s Top 10, NFG has the lowest account value. NFG last traded at $50.78. Therefore, in order to invest a minimum of $250 in NFG, I need to purchase 5 shares on Tuesday. Below, is the purchase history and average cost calculation.

This week, six of the portfolio holdings ranked in the Top 10: BKH, FMCB, MDT, MMM, NFG, and PII.

Ticker	Account Value
BKH	1,420.12
FMCB	2,970.00
MDT	1,734.81
MMM	2,460.54
NFG	708.40
PII	1,470.24

There is currently an overexposure to the following positions (tickers in bold made the Top 10 this week): FMCB, QCOM, and TDS. These tickers are not eligible for additional investment at this time. There is one clear loser, however, NFG! It has dropped well below the $1,000 I started the position with, and it is eligible for further investment.

NFG last traded at $50.60. Therefore, in order to invest a minimum of $250 in NFG, I need to purchase 5 shares on Monday. However, in addition to the typical weekly investment, the accumulated dividend total has crossed over the $250 threshold yet again. Lucky for NFG, there is an additional $260.08 available for investment. Now, I don’t want to go over on this number, so I’ll just use this amount to acquire 5 more for a total of 10 shares. Below, is the purchase history and average cost calculation.

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Dividend King of the Week [NFG][2]Read More »

This week, four of the portfolio holdings ranked in the Top 10: FMCB, MDT, MMM, and PII.

Ticker	Account Value
FMCB	2,829.00
MDT	1,348.95
MMM	2,377.51
PII	1,437.76

As of this writing, the portfolio no longer has a sector imbalance. However, there is currently an overexposure to the following positions (tickers in bold made the Top Ten this week): FMCB, MMM, MO, QCOM, and TDS. None of these tickers are eligible for additional investment at this time. No matter, the lowest amount belongs to MDT and it is eligible for further investment.

MDT last traded at $79.35. Therefore, in order to invest a minimum of $250 in MDT, I need to purchase 4 shares on Monday.  Below, is the purchase history and average cost calculation.

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Dividend Stock of the Week [MDT][2]Read More »

This week, four of the portfolio holdings ranked in the Top 10: FMCB, MDT, MMM, and PII.

Ticker	Account Value
FMCB	2,850.03
MDT	1,359.83
MMM	2,296.55
PII	1,136.33

As of this writing, the portfolio no longer has a sector imbalance. However, there is an overexposure to the following positions (tickers in bold made the Top Ten this week): BKH, FMCB, MMM, MO, NC, QCOM, and TDS. None of these tickers are eligible for additional investment at this time. No matter, the lowest amount belongs to PII and it is eligible for an investment of additional funds.

PII last traded at $87.41. Therefore, in order to invest a minimum of $250 in PII, I need to purchase 3 shares on Monday.  The 2023-11-18 trade post provides additional historical information for PII. Below, is the purchase history and average cost calculation.

This week, five of the portfolio holdings ranked in the Top 10: BKH, MDT, MMM, PII, and TGT.

Ticker	Account Value
BKH	1,076.46
MDT	1,342.49
MMM	2,206.85
PII	1,177.41
TGT	1,314.60

As of this writing, the portfolio no longer has a sector imbalance. However, there is currently an overexposure to the following positions (tickers in bold made the Top Ten this week): FMCB, MDT, MMM, MO, NC, QCOM, and TDS. None of these tickers are eligible for additional investment at this time. No matter, the lowest amount belongs to BKH and it is eligible for an investment of additional funds.

BKH last traded at $51.26. 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.

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Dividend King of the Week [BKH][3]Read More »

This week, four of the portfolio holdings ranked in the Top 10: FMCB, MDT, MMM, and PII.

Ticker	Account Value
FMCB	2,823.00
MDT	1,270.92
MMM	2,192.82
PII	921.80

As of this writing, the portfolio no longer has a sector imbalance. However, there is currently an overexposure to the following positions (tickers in bold made the Top Ten this week): TDS, QCOM, FMCB, MO, MMM, NC, TGT, and MDT. None of these tickers are eligible for additional investment at this time. No matter, the lowest amount belongs to PII and it is eligible for an investment of additional funds.

PII last traded at $92.18. Therefore, in order to invest a minimum of $250 in PII, I need to purchase 3 shares on Monday.  Below, is the purchase history and average cost calculation.

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Dividend Stock of the Week [PII][2]Read More »

This week is the third and final ‘off’ week. This restores the $250+ per week pace of investment. Read on to find out which position would have been most worthy of new money.

This week, five of the portfolio holdings ranked in the Top Ten: BKH, MDT, MMM, PII, and TGT.

Ticker	Account Value
BKH	1,031.94
MDT	1,201.56
MMM	2,134.63
PII	878.10
TGT	1,083.30

The lowest amount belongs to PII and there is nothing that would preclude additional investment into that position, other than that of it being an off week.

TDS broke $20.00 for the first time in a while on Friday, November 3, 2023. I would like to have a bit more breathing room with this position. As a result, I have chosen to roll up and out. The details are below.

In the same, two-legged, GTC option order:

Buy to Close: (3) February 16, 2024 $20.00 Call Options [Symbol: TDS240216C20]

Sell to Open: (3) May 17, 2024 $22.50 Call Options [Symbol: TDS240517C22.5]

Limit Order Price:  Credit of $0.15 per share

I was lucky enough to get a $0.22 credit from my order affecting 300 covered shares. After commissions, this resulted in a $62.92 credit and nearly equals the last quarterly dividend of $63.83 on all 345 shares. That’s a nice roll credit for a 3-month extension in the expiry date and the possibility of receiving an additional $750 in capital gains should TDS climb further on any good news. And they could use some.

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Rolling a Covered Call [TDS][3]Read More »

This week is the second of three consecutive ‘off’ weeks intended to restore the $250+ per week pace of investment. Read on to find out which position would have been most worthy of new money.

This week, six of the portfolio holdings ranked in the Top Ten: BKH, MDT, MMM, MO, PII, and TGT.

Ticker	Account Value
BKH	1,081.92
MDT	1,233.52
MMM	2,158.78
MO	2,358.86
PII	926.50
TGT	1,128.50

The lowest amount belongs to PII and there is nothing that would preclude additional investment into that position, other than that of it being an off week.

I added MDT to the portfolio last week. This will be the first of three ‘off’ weeks intended to restore the $250+ per week pace of investment. The putrid performance of the broader market has infected the Royal Dividends portfolio. Read on, to find out which position would have been most worthy of new money.

This week, five of the portfolio holdings ranked in the Top Ten: BKH, MMM, MO, PII, and TGT.

Ticker	Account Value
BKH	1,014.30
MMM	2,012.96
MO	2,279.40
PII	852.70
TGT	1,072.30

The lowest amount belongs to PII and there is nothing that would preclude additional investment into that position, other than that of it being an off week.