Thanks Greg for all the help here. Although I don't post much, I keep up with this every couple of days.
BTW - just saw I received a 35% raise from 3M today! Even better, my cost basis is $75.55 (I've owned it since 2007 I think). At the new $0.85/qtr, my return is 4.5% just from the dividend!
I'm using my dividends from this and other positions to create new positions within my portfolio. Currently purchasing Duke Energy (my local utility, so I can keep up with the goings on) and PEP (I like that they have both snacks and beverages). When I establish ~$5,000 per each of these, I'll move on to establishing positions in other companies.
I use Scottrade and they are allowing dividends to be used to purchase any stock commission free within their new Flexible Re-Investment (FRIP) program.
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NCSU MSME 2005
1968 Camaro
350
4-speed
-under re-construction
1989 Camaro RS
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