Dow Chemical (DOW): Dividend Reinvestment

Dow Chemical (DOW) paid out its quarterly dividend on Friday, December 11. DOW pays out $2.80 annually for each share an investor holds, a nice yield of 5.19% at its $53.94 closing price Friday.

The dividend lowered my per-share cost -1.288% from $36.50 to $36.03. From here, my next buy target is $31.20, at a point of resistance from its selloff throughout the March panic.

IBM (IBM): Dividend Reinvestment

IBM (IBM) paid out its quarterly dividend on Thursday, December 10. IBM pays out $6.52 annually for each share an investor holds, a decent yield of 5.25% at its $124.27 closing price Thursday.

The dividend lowered my per-share cost -1.299% from $71.62 to $70.69. From here, my next buy target is $106.70, slightly above the last selloff’s low. 

Skyworks Solutions (SWKS): Dividend Reinvestment

Skyworks Solutions (SWKS) also paid out its quarterly dividend on Thursday, December 10. SWKS pays out $2.00 annually for each share an investor holds, a yield of 1.41% as of its $142.01 closing price.

The dividend lowered my per-share cost -0.69% from $84.00 to $83.42. From here, my next buy target is $103.90.

Square (SQ): Profit-Taking

Even though analysts have given Square (SQ) a price target of $300, I can’t help feeling surprised every time it makes all-new highs knowing full well that the majority of its customers – small businesses – may go bankrupt in the coming months.

On Wednesday, Square crossed over the $220 mark and made a new all-time high at $225.00 where I took profits at $224.91, locking in +1,926.22% in gains on a few of the original position shares I bought at $11.10 on August 5, 2016 once again.

Wednesday’s sale still left my SQ position over its 7.14% portfolio allocation target, but I’m letting it grow since it’s been the heavy-lifter of the entire Investments in Play this year. My next sell target is $250 and my next buy target is $155.90.

SQ closed the week at $235.45, up +4.69% from where I sold Wednesday.