On July 28, 2023, I bought an additional 1 share of Nike inc (NYSE: NKE) stock, paying $108.56 per share for our long-term dividend stock portfolio
Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
We are now holding 4 shares of NKE in our stock portfolio.
With its yearly dividend of 1.15 dollars per share, this latest buy has a dividend yield of 1.05 % and will pay us an additional $1.15 every year (after tax). Awesome! NKE is paying a dividend in the following months: April, July, October, and December
Using dollar-cost averaging our average cost per NKE share is $108.93
96 shares to go once we will be able to start selling covered calls and generate extra income from NKE stock. I hope to get there by August 2024 and might be using a margin.
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