23 May, 2018 seen 272On May 18th, 2018 I bought 100 shares of Atrium European Real Estate (VIE:ATRS) at EUR 4 per share. With its quarterly dividend of 0.0675 euro cents per share, this latest buy has a dividend yield of 6.75% and will pay EUR 6.75 every quarter. Humble but pretty awesome! This newest stock buy marks my first purchase of European stock (excluding the Baltic…
On December 31, 2020, we bought additional 15 shares of Realty Income Corp. (NYSE:O ) paying $60.84 per share.
With its monthly dividend of 0.23 cents per share, this latest buy has a dividend yield of 4.53% and will pay us an additional $3.45 every month (before tax). Now, that's awesome!
To finance this purchase we spent half of our options income in the month of December, see December 2020 Options Income Report - $2,692.38
We now hold in total 50 shares of O, In total, they contribute about $117.13 (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 January 15, 2021, covered call (monthly options) with a strike price of $62.5, to get a $1.00 premium. In case our shares would get called away on the expiry date we would realize $267 income in 15 days, that's a potential return of 4.38% 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 April or May 2021.
50 shares to go!