Bought 2 WBA shares at $24.31

| Investments | 2 seen

On September 1, 2023, I bought an additional 2 shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) stock, paying $24.31 per share for our long-term stock portfolio

Walgreens Boots Alliance, Inc. is an American multinational holding company headquartered in Deerfield, Illinois, which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies.

We are now holding 4 shares of WBA in our dividend stock portfolio. 

With its yearly dividend of 1.63 dollars per share, this latest buy has a dividend yield of 6.7% and will pay us an additional $3.26 every year (after tax). Awesome! WBA is paying a dividend in the following months: March, June, September, and December

Using dollar-cost averaging our average cost per WBA share is $27.04.

WBA stock price as on September 1, 2023

At the time of writing this article, WBA takes 1.30% of our stock portfolio.

96 shares to go once we are able to start selling covered calls and generate extra income from WBA stock. I don't have a set time frame to get there, as I'm planning to buy these stocks from the put options premiums. It could take some 2-3 years once I get there, or much sooner if the stock will get assigned.

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