Recent Buy AT&T (T)

It's time for this months purchase and usually I try to choose a stock which I feel is undervalued and for the most part I think I do that. However I feel that there are times where one can look past the stocks which are on sale and find a compelling reason to put money elsewhere. This was one of those times for me.

It's beginning to sound more and more like the $49 Billion DTV acquisition will not be blocked by the FCC regulators and is expected to be completed by June. That along with the integration of the Iusacell and Nextel Mexico networks gives AT&T a major footprint into Latin America.

AT&T is also looking to offer exclusive content for connected vehicles such as videos and games which can be streamed onto personal mobile devices later this year. There are also expansion plans for AT&T's Gigapower 1Gbps internet service to 7 new markets including Charlotte and Greensboro, N.C.; Jacksonville, Fla.; Miami; Nashville, Tenn.; St. Louis and San Antonio.

I purchased another 33 shares of AT&T at $34.99 this week.

AT&T Stock Chart

AT&T (T) Basic Statistics

• Ticker Symbol: T
• Forward P/E Ratio: 13.5
• Sector: Tech
• Yield: 5.42%
• Dividend Growth Streak: 30 years 
• 3 Year Dividend Growth Rate: 2.3%
• Payout Ratio: 167 %
• Market cap: $180b
• Beta: .41
• Website: http://www.att.com

AT&T Dividend Growth

April Dividend Update

It's time for my April dividend update! My April dividend total was $279.04 which is up 16.8% from the $238.88 that I made last quarter in January. This is also the largest dividend total I've ever had!

In comparison, last years April total was $198.15 which means my dividend's for the month have grown a whopping 40.8% year over year! That's some pretty spectacular growth if I say so myself, if only it could stay at that pace forever! I've listed the details below ...

April Purchases

• Johnson & Johnson (JNJ) - 11 shares @ $99.99
• Johnson & Johnson (JNJ) - 10 shares @ $99.75

April Dividend Increases

• Coca Cola (KO) - From .305 to .33 ( a 8.1% increase )
• Walmart (WMT) - From .48 to .49 ( a 2.0% increase )
• Piedmont Natural Gas  (PNY) - From .32 to .33 ( a 3.1% increase )

April Dividend Income

• Coca Cola (KO) - $20.13
• GlaxoSmithKline (GSK) -  $36.15
• Walmart (WMT) - $16.66
• Altria (MO) - $49.40
• Philip Morris (PM) - $14.00
• Realty Income (O) - $18.95
• Piedmont Natural Gas (PNY) - $52.80
• Sysco (SYY) - $19.80
• Kraft (KRFT) - $23.65
• Hatteras Financial (HTS) - $27.50

Total Dividends For April 2015: - $279.04