Closing Two Positions: BHP Billiton PLC (ADR) (BBL), Helmerich & Payne, Inc. (HP)

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Recent Sell: Helmerich & Payne, Inc. (NYSE:HP)

Helmerich & Payne, Inc. (NYSE:HP) is a contract drilling company headquartered in Tulsa, Oklahoma. The company is engaged in the drilling of oil and gas wells for exploration and production companies. HP is a Dividend Champion (3) with a track record of 42 consecutive years of dividend increases.

I bought HP on two occasions, in November 2014 and in February 2015. Here is a price history chart of HP that shows my buy and sell prices:

Trading Summary

2014-11-11 Bought: 29 shares of HP at $85.57 per share: $ 2,481.40
2014-12-01  Dividend on 29 shares at 68.75¢ per share:  $ 19.94
2015-02-02 Bought: 41 shares of HP at $62.31 per share:  $ 2,554.71
2015-03-02  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2015-06-01  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2015-09-01  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2015-12-01  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2016-03-01  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2016-06-01  Dividend on 70 shares at 68.75¢ per share:  $ 48.13
2016-09-01  Dividend on 70 shares at 70.00¢ per share:  $ 49.00
2016-12-01  Dividend on 70 shares at 70.00¢ per share:  $ 49.00
2016-11-28
  Sold 70 shares of HP at $69.12 per share:
$
4,838.30
Capital gain:
$
197.81
Dividends received:
$
406.72
Commissions/fees/taxes:
$
0.00
Net gain:
$
604.53

I made a net gain of 4.15% on the original amount invested, which is 2.15% annualized.

HP is ranked #39 out of 48 stocks in my DivGro portfolio and is a 4-star stock.

Closing my Helmerich & Payne, Inc. (NYSE:HP) position removes $196.00 from DivGro’s projected annual dividend income (PADI), which now totals $11,487.

Follow Helmerich & Payne Inc. (NYSE:HP)

Thanks for reading! 

Note: FerdiS manages and writes about DivGro, his portfolio of dividend growth stocks created in January 2013. Please visit divgro.blogspot.com.

Additional Links:

(1) http://pennantparkinvestment.mwnewsroom.com/press-releases/pennantpark-investment-corporation-announces-financial-results-for-the-fourth-qu-nasdaq-pnnt-1286845

(2) http://divgro.blogspot.com/2013/06/recent-buy-bbl.html

(3) http://dripinvesting.org/Tools/Tools.asp

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