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!

 

about

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.