What Did You Buy Today?

[ken-do-nim]

Okay ...

In the taxable account, took the proceeds from WEBL and picked up CP, IBM, KMI, CIK, and added another share of LOW.

In the ROTH, I took the proceeds from NAIL and topped off SOXL, DUSL, and HIBL ... but mostly I decided this is a dandy time to start the long awaited Dividend Capture Strategy. I picked up LYB whose ex-div date is tomorrow.

LYB is LyondellBasell Industries, a chemical company. P/E of 16.72, up 37% in the past 6 months, 3.85% yield. Looks like a good company anyway, so following the "don't be afraid to own the company for a while" rule, I think I did well. But plan is to dance out in a couple days if possible, then look for the next.

Edit: crap! I forgot to unenroll from DRIP in the ROTH. Glad there aren't commissions. But yeah, better call tech support.

Edit 2: Btw, when I dance out, I will leave 1 share. That way, as I complete a "quarterly circuit" of companies, E*Trade will show me the next set of ex-div dates so I can repeat the pattern more easily.