Retirement Income

Stocks and Options

January 30th, 2009 at 12:10 pm

Annaly Mortgage REIT (NLY) – Dividend Received

I keep writing about collecting dividends along with option premiums as part of my basic investment philosophy.  I thought I should begin to write about the dividends a little, if nothing more than to report them.  They do happen on a regular basis and add to my annual investment income.  So with that…

Today, I received dividends in the amount of $100.00 in an IRA account from 200 shares of NLY.  The is .50 per share and represents about a 13.2% annualized return at the current stock price of about $15.  My basis for these NLY shares is currently 10.23 so the annualized return on my basis is actually more than the 13.2%.  :-)

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2
  • 1

    I really like NLY. I found out about it through your site. Thanks, Dave, The Premium Collector

    blue bluff on January 30th, 2009
  • 2

    You are most welcome. I continue to like it also, both to own for the dividends and the Covered Calls and to sell Puts trying to catch a dip.

    Bill

    Bill on February 4th, 2009

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