Latest stock buy 20 shares of Realty Income Corp (NYSE:O) at $60.85 per share

Updated: 14 July, 2021 seen 31

On February 26, 2021, I bought additional 20 shares of Realty Income Corp. (NYSE:O ) paying $60.85 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 $4.60 every month (before tax).  Now, that's awesome!

To finance this purchase we spent one-fourth of our options income in the month of February.

I now hold in total 84 shares of O, In total, they contribute about $197.06 (after tax) yearly to our dividend income portfolio.

Using dollar-cost averaging our average cost per one O share is $60.66

Also, O is one of the largest holdings now in our portfolio, taking 11.65% of it

If we had 100 shares of O today, we could sell March 19, 2021, covered call (monthly options) with a strike price of $62.5, to get a $0.50 premium. In case our shares would get called away on the expiry date we would realize $239 income in 19 days, that's a potential return of 3.03% 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.

16 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.