Jun 29, 2015

Stock Purchase - CVX (15 shares, $64 dividend income)

The never ending Greece debt crisis is pulling down stock markets worldwide today and has allowed me to get a piece of Chevron (NYSE: CVX) almost at 52 week low prices.

Chevron is a huge profitable multi-national energy corporation involved every aspect of the oil and gas energy sector with a consistent history of 25 or more straight years of higher dividends (namely a member of the exclusive S&P 500 Dividend Aristocrates). This latest purchase will add $64/yr to my dividend income portfolio

I'm sure the stock market will continue to be volatile next few weeks & months and I am eagerly saving up to buy more beaten down companies like (NYSE:OKE) and (NYSE:WPC) among others. 

Come on Greece, please keep flushing markets down and give us a big correction sale ! :)

Basic info:
Market CAP: 184B Dividend %: 4.4 EPS: $9.14


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