Monday, February 10, 2014

FRIP Purchase

I added more shares to my position of Kinder Morgan Inc. (KMI).

1 Share @ $33.90 of KMI


This increases my forward 12-month dividend income by $1.64 to a total of $1,189.44

I also updated my portfolio page to reflect the change.


What are you buying with your dividends?


14 comments:

  1. I think your getting a good value for KMI here. If they weren't already my largest position I'd have snagged more over the last couple of months!

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    Replies
    1. Hi W2R, yes i agree with you that KMI is a good value.

      Delete
  2. Nice purchase. I have been adding to my CVX, RDS, and PM positions. There is a lot of value in oil, pipeline, and tobacco companies right now.

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    1. Tomorrow I plan to buy PM and when I get my tax return I will buy CVX. thanks for commenting Pipeline

      Delete
  3. Nice price on KMI even though it's just one share. I need to get in on the FRIP. I really love that option.

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    Replies
    1. one share here and one share there really adds up. I love the FRIP. :)

      Delete
  4. Very nice! One share might not seem like much but every single penny brings you one step closer to your goal. KMI is one of the stocks that I am considering initiating a position in this month.

    Take care.

    -Dividendasaur

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    Replies
    1. Right on!! every penny counts. KMI is a great buy right now.

      Delete
  5. FF Dividend,

    Nice job!I don't have Scottrade or the FRIP plan. I did add STB to my portfolio today. Never got around to pulling the trigger for a long time. Kids got to get to school thought I figure.

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    Replies
    1. Thanks for commenting. I don't think STB is such a great investment. very risky.

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    2. Maybe a little bit risky and not looking for much capital appreciation, but they seem to be very friendly and want to treat employees and people like family. Didn't buy a big position and will pick up a little income for cheap amount. Not to mention the CEO has been in the industry for 38 years he stated on the CC.

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  6. Hi FF,

    KMI is a very good company!
    I think the dividend reinvest program doesn´t cost money, or?

    At the moment, I reinvest all my dividends! :-)
    More and more and more...
    I need more money! :-)

    Best regards
    D-S

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    Replies
    1. Sammier, the FRIP does not cost a penny. I use my dividends to buy more shares at no cost.

      I am the same way. I need more money. :) thanks for stopping buy.

      Delete
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    ReplyDelete