On June 15, 2023, I bought 1 share of British American Tobacco (NYSE: BTI) paying $32.75, 1 share of Altria Group (NYSE:MO) stock, paying $44.22, and 30 shares of Tilray (NASDAQ: TLRY) paying $1.64 per share for our Dividend Stock Portfolio
We are now holding 1 share of BTI, 1 share of MO, and 130 shares of TLRY in our stock portfolio
Using dollar-cost averaging our average cost per share:
- BTI: $32.75
- MO: $44.22
- TLRY: $3.87
Both MO and BTI will contribute about $5.5 in dividend income per year to our stock portfolio
To finance these purchases I was using BTI and MO stocks, by selling credit spreads on them. for financing purchase for TLRY stock, I was selling a put option on Barrick Gold stock.
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