Dividends!

Just got my first quarterly statement from the Pennsylvania Real Estate Investment Trust (PEI) since signing up for their dividend reinvestment program. For our June 2007 dividend of $8.55, we received 0.191 fractional share. Now, the FMJ owns 15.191 shares of PEI at a total investment cost of $306.99. The total of amount of Found Money Jar funds used to purchase the shares was $196.65... the rest is reinvested dividends. As of the statement date of 6/18/07, the PEI shares are worth $676.91 on the open market.

FMJ Savings Account Stats
Savings Interest 2007: 98 cents
Interest 2006: $1.77
FMJ Savings Account Balance: $18.91
Stock Dividends Stats
Dividends 2007: $ 35.89
Dividends not yet reinvested: $17.10
Dividends for 2006: $34.30
Total Dividends Received: $136.24