Just 10 minutes after I wrote about IBM, my purchase order for IBM was executed at E*Trade.
I purchased 20 shares of IBM on 5/1/15 for $172.5 per share. This purchase adds $104 to my annual gross dividend income, based on the current quarterly $1.3 dividend.
Full Disclosure: Long IBM.
By the way, IBM is the first company I worked for after college. So to me becoming a shareholder of IBM’s is something special 🙂
P.S. I have two brokerage accounts. I mistaking put another IBM purchase order in my Japanese brokerage account as well and it was executed at 172.85 per share.
In total I possess 36 shares of IBM and these purchases will add $187.2 to my annual gross dividend income, based on the current quarterly $1.3 dividend.