Another flurry of share sales

Following hot on the heels of the sale of Greene King, another 10 share sales.

Sell Marston’s @ 105.8 – 10.67% profit
Sell Old Mutual @ 1152.5 – 10.91% profit
Sell Jardine Lloyd Thompson Group @ 709.5 – 0.07% profit
Sell BAT @ 3,355 – 18.13% profit
Sell Pendragon @ 14.33 – 63.34% profit
Sell HSBC @ 568.67 – 5.35% profit
Sell Close Brothers @ 776 – 6.3% profit
Sell AstraZeneca @ 2,919 – 6.92% profit
Sell SSE @ 1,426 – 9.46% profit
Sell Murray International @ 992 – 13.5% profit

Considering all of these shares have been held for less that a year, and some dividend payments have been received too, the capital gains aren’t bad at all!

The week gets off to a flying start with a flurry of share purchases

A busy morning, with 13 share purchases so far.

Investors Chronicle magazine publishes a list of shares going ex-dividend in the “Week Ahead” section each Friday.

In order to further my quest to receive income of one form or another on every business day of the year, I like to scan down the list to see if there are any dividends I would like to be eligible for by buying in before the ex-dividend date (which is usually the Wednesday after the magazine comes out).

Continue reading “The week gets off to a flying start with a flurry of share purchases”

Monday morning trades…. Dividend reinvestment and a punt on a retailer

I’m going to be a bit busy this week, so won’t have as much time to devote to the Amateur Investor website as I would like. I am only an Amateur Investor, so making a living sometimes gets in the way of spending time on other projects such as this one.

Anyway, the Dividends are coming in thick and fast at the moment, so reinvesting them to make them start working as soon as possible has been a priority.

So today I made 4 small purchases.

Continue reading “Monday morning trades…. Dividend reinvestment and a punt on a retailer”

Aviva shares drop below buying target price

As mentioned in a couple of previous posts, I have been waiting for Aviva (AV.) to drop to the 300p level, at which point I would be adding to my existing holding of the high dividend paying shares.

Well this morning my buying price was triggered and I managed to buy in at 292.85p (including stamp duty).

This purchase took my average buying price down to 330.67p from 342.81p – I will be looking for further weakness to lower this average buying price even further.

According to The Share Centre, the forecast dividend for 2012 is 28.48p, so today’s shares should yield 9.73%.

The Amateur Investor overall holding (average buying price 330.67p) should yield 8.61% in 2012.

Only one other share trade today, a small purchase of Pendragon (PDG) at 10p (including stamp duty).

So what shares were you buying today Amateur Investor?

Well, I’m glad you asked.

I started the day buy tucking away a few Merchants Trust (MRCH) into my High Yield Portfolio (HYP). Over the last 3 years Merchants have paid out dividends representing a yield of 7.9% (2009), 6.8% (2010) and 5.6% (2011) so they seemed like a perfect addition to the HYP. They appear to pay out dividends quarterly. I managed to buy at 373.6p per share (including Stamp Duty).

Most of the other share purchases made today were to reduce the average buying price of already held shares.

Continue reading “So what shares were you buying today Amateur Investor?”