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

“Never let a good crisis go to waste” - Winston Churchill (?)

The current world oil price situation is a good example.

Today, pricing volatility pushed Chevron (NYSE: CVX) stock price to another 52 week low and I'm almost giddy because who among us does not like a big sale. Amazon had a big sale yesterday with their Amazon Prime Day so it's only appropriate that fans of dividend stocks like myself get a chance to go discount shopping too :)

The key difference between these two shopping spree is that I'm buying an asset that will slowly appreciate and pay dividends (S&P 500 Dividend Aristocrates) for a long time while almost all the products sold on Amazon yesterday will probably be obsolete, worthless and forgotten in less than 6 months time.

Chevron's dividend yield now stand at 4.5% and that is just fantastic !
This purchase will add $64/yr to my dividend income portfolio

Basic info:
Market CAP: 184B Dividend %: 4.5

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

Stock Purchase - RDS.B (15 shares, $61 dividend income)

The Dow lost more than 300 points today on rate hike fears while the US dollar rose considerably against other currencies worldwide. International energy companies were hit hard today so I bought 15 shares of Royal Dutch Shell (NYSE:RDS.B). This will add $61 per year to my dividend income.

Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom with operations and energy interests worldwide. I am sure many of us have filled up at one of their gas stations. The energy sector is still under selling pressure so I'll be on the lookout for more lower prices on names like (NYSE: OKE), (NYSE: ESV), (NYSE: CVX).

Basic info:
Market CAP: 198B Dividend %: 6

Check out the rest of my dividend and growth stock portfolio watchlist