Latest stock buy 12 shares of Realty Income Corp (NYSE:O) at $61.22 per share

Updated: 10 March, 2021 seen 25

On November 30, 2020, we bought additional 12 shares of Realty Income Corp. (NYSE:O ) paying $61.22 per share. With its monthly dividend of 0.23 cents per share, this latest buy has a dividend yield of 4.5% and will pay us an additional $2.76 every month (before tax).  Now, that's awesome!

To finance this purchase we spent half of our options income in the month of November, see November 2020 Options Income Report - $1,479.6

We now hold in total 35 shares of O, In total, they contribute about $82.11 (after tax) yearly to our dividend income portfolio.

Using dollar-cost averaging our average cost per one O share is $60.83

If we had 100 shares of O today, we could sell December 18, 2020, covered call (monthly options) with a strike price of $62.5, to get a $0.65 premium. In case our shares would get called away on the expiry date we would realize $232 income in 17 days, that's a potential return of 3.71% since we started buying O.

It's planned to buy more O shares once a month until we will reach 100 shares. It looks like we might get there around June or July 2021.

65 shares to go!


Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.