Tuesday, 9 January 2018

October 2016 - Investment No 13

If you have been reading these posts from the first one, you will know originally my plan was to add £1,000 each quarter from my own sources, to invest into shares to provide long term dividend income.  By now I should have added £11,000, but I have only managed to add £8,000.00.  In an attempt to catch up, I decided to make sure I add the full £1,000 I should have been doing and added this amount to my account with SelfTrade.

Since the last investment I also received the following dividends:

GlaxoSmithKline £13.68
Royal Dutch Shell 'B' £15.16
SSE Plc £40.62
HSBC Holdings Plc £14.17
Antofagasta £7.72

Looking again for another share that was paying quarterly dividends, I decided on BP plc.   BP was a Intergrated Oil company and a leader in automotive and specialist lubricants, know in 15 countries worldwide.  2014 and 2015 had been really bad years, as they really !!***!!,  having a "near death" experience with the Gulf of Mexico.  I hoped I was not going to regret buying some shares in this company, but I did need to spread my risk a bit, so I hoped that this would be a good risk.

I purchased 219 shares in BP plc.


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