RECENT BUY (NYSE : RDS.B)

WE RECENTLY PURCHASED THE FOLLOWING

ROYAL DUTCH SHELL (RDS.B)

Purchased 14 shares of RDS.B on 9/28/2015 at $46.00
Total Spent: $644.00

Company Description

From Google Finance:

“Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company is engaged in the principal aspects of the oil and gas industry in more than 70 countries. The Company operates in three segments: Upstream, Downstream and Corporate. In Upstream, the Company focuses on exploration for new liquids and natural gas reserves and on developing new projects. In Downstream, the Company focuses on turning crude oil into a range of refined products, which are moved and marketed around the world for domestic, industrial and transport use. The Company's Upstream Americas business manages Shell's Upstream activities in North and South America. It also extracts bitumen from oil sands that is converted into synthetic crude oil. The Company's Upstream International business manages Shell's Upstream activities outside the Americas. The Company's Downstream business manages Shell's refining and marketing activities for oil products and chemicals.”

With today's 300+ drop in the market, most of the market was in the red. That only meant one thing for us long term DGI investors...more opportunities to add to our portfolio at a discount.  We decided to pick a company recently mentioned in our Ask The Reader segment.  We understand why many have choose to stay away from oil and energy stocks. But at today's prices, we just couldn't resist the opportunity to lower our cost basis on a company stock that we already owned and decided to add 14 more shares of RDS.B to our family's dividend stocks portfolio.  

We picked up 8 initial shares of ROYAL DUTCH SHELL (RDS.B) back in March of this year. With our purchase today, we now own 23 total shares of RDS.B in our family's dividend stocks portfolio. Our purchase today lowered our cost basis on RDS.B from $59.97 to $51.47. Additionally, our estimated forward dividends grew another $52.64, putting our yearly dividends at approximately $3,431/year (excluding our Edwards Jones account) and $3,790/year (including our Edward Jones account).

Since we had already held RDS.B shares in our family's dividend stocks portfolios (WF and EJ Accounts), the portfolio remains unchanged at a total of 47 different dividend paying stocks/ETFs and also 4 companies that either don't pay a dividend our has currently suspended their dividends.

Our family's dividend stocks portfolio may be found

by clicking on the link below:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

Royal Dutch Shell (RDS.B)

P/E: 9.64
Payout Ratio: 72%
Dividend Yield: 7.93%
3 consecutive years of dividend increases
Last Ex-dividend date: 8/12/2015

Next Ex-dividend date: approx. 11/12/2015
Have paid a dividend since: 2005 (10 years)
Pays a dividend 4 times a year.
Market Cap: 145 Billion
52-week high: $80.11
52-week low: $45.92
Purchased Price: $46.00

What are your thoughts on of recent purchase?

What are you buying?