yep. and great add on opportunities for long term holders. Kind of like dollar cost averaging as the dividends get reinvested in the stock at lower prices. And now and then I pop in some extra funds too on the dips. In the not too distant future, I think my total returns will be pretty big. I first got into T at 24. Now, I have 6400 shares and am getting almost $12,000 a year in dividends. That is starting to compound nicely. I hold T in my regular brokerage, Traditional IRA and ROTH IRA accounts.
I recently added a few hundred shares on the recent price dip. I now have 6,024 shares. Those dividends are starting to compound and grow nicely. I first got into T back in late 2009 when it was in the 20s. Boy, wish I had moved all in on it. but $200k in one company is nothing to sneaze at.
I totally agree and I have been adding T since 2010. I now have over 6,200 shares of it. The dividend monies are starting to compound nicely. This recent dip in price was a good opportunity to add another few hundred shares. Two weeks ago, I even sold some covered calls feb 22 $26 against some of my hares as an extra income producer
Always a a peanut in the gallery posting about a stock he has no position in. nitwit
I bought 1400 shares with a short term view on things and then sold 1400 covered calls Feb 22 $11. I wouldn't mind holding for the long term though. The stock seems so undervalued
Definitely screwey, especially since the news comes from different sources. I bought 1400 shares two days ago, and I also immediately sold 1400 Feb 22 covered calls at the 11 strike price. If AA hits that and I get optioned out, that is fine. I will take the hit and run. If I am not called out, I will simply sell the covered calls again
Good. I recently added 1000 shares and then sold covered calls against it Dec 21 @ 36. Those will expire and I will do it again at another strike price and date. In the meantime I now have a total of 3800 shares that are collecting dividends and those monies are starting to compound and grow measurably.
That is exactly what I am doing. I don't mind if the shares get called out. My buy price was 42. BP is volatile which makes the option prices higher.
Boy, BP is sure trying to not force me to sell my shares I have tied up in the Dec 21 $46 covered calls. The darn thing spiked above 47, and now is settling down below 46. that's OK with me. I hold it for the dividend and sell covered calls either monthly or bi-monthly depending on the prices.