September 10, 2007

Chevron (CVX) and Exxon/Mobil (XOM) paid their dividends today of $0.58 and $0.35 per share, respectively. Unfortunately, the date of record for ownership of the shares to receive the dividends was earlier in August for both companies. So, if I had bought the shares on August 30th, I would not have received the dividend payment. However, since this is really an experiment, and just for fun, I’m going to pretend that my project portfolio stocks get the dividend anyway...just ’cause I can!

I’m going to use the Vanguard Prime Money Market Fund (VMMXX) as my money market fund. No special reason for that choice, just picked one at random. Although, a Vanguard Index fund (not a money market fund) was the main destination for my 401K dollars, back when I was working.

Action	Symbol	Amount	Price	Extended Value
DIV	CVX	115	0.58	66.70
DIV	XOM	117	0.35	40.95
BUY	VMMXX	40154.28	1.00	40154.28
Cash				0.00