Re-investing yesterday’s RSA dividend

As I said yesterday, I was keen to reinvest the incoming RSA Insurance dividend as soon as possible, and I decided to reinvest it straight back into RSA shares, picking up some at 102.21p – reducing my overall average buying price for RSA shares very slightly (about 0.5p)

That’s it for this week. See you on the other side of the weekend.

Do you know the only thing that gives me pleasure? It’s to see my dividends coming in

I came across this quote from John D. Rockefeller while listening to an audio Podcast from Questor (Garry White of The Telegraph) called Questor Income Tips, and it sums up the Amateur Investor attitude to investing perfectly.

Regular readers of the Amateur Investor blog will know that passive income and dividend income is extremely important to me. And I regularly reinvest dividend income to purchase “free shares”.

So when more dividend income appeared in my account with The Share Centre this morning – this time from St James’s Place (STJ) , a dividend of 3.2p per share – I quickly looked to reinvest the dividend…

Continue reading “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in”