Friday, December 12, 2008

Investing Pittsburgh: Welcome to the Portfolio, Heinz

The above charts are Heinz (HNZ) for the last couple weeks. I don't know why the resolution turned out so bad, but I don't really have time to fix it. Essentially it hit it's 52 week low earlier this week and then has been relatively flat. It looks to me that it has met some resistance at about 35 or 36. Since it's trading at 36.14, I don't think there's too much more give in it. The other nice thing about HNZ is that today is the dividend date, so it's time to buy in and get that dividend. Especially with a current yield of 4.59%.

Investing Pittsburgh is a regular part of this blog. It details the ins and outs of a mock portfolio of Pittsburgh Stocks invested and managed by me. For a list of all of the previous "Investing Pittsburgh" posts, click here.

1 comment:

Burgher Jon said...

NOTE: Today is not the dividend day. One week from today is the dividend ex date. Meaning you have to be the owner one week from today if you want to get the dividend in January.