Every quarter, I invest the funds in my TradeKing account, and on March 2nd, I bought 12 shares of Questar Corp (STR) for $24.7499 a share. With $4.95 commission, my total purchase was $301.95.
According to their website, “Questar Pipeline Company is an interstate natural gas pipeline company that provides transportation and underground storage services in Utah, Wyoming, and Colorado.”
Furthermore, STR is a dividend champion at 37 years with more than $1.1 billion in annual sales and roughly a 20 P/E. The dividend yield is 3.56% with a quarterly payout of .22 a share. This purchase increases my 12-month forward dividend income by $10.56.