Many of the stocks that I own and write Covered Calls upon also pay dividends. Dividends happen on a regular basis and add significantly to my annual investment income.
This week, I received the following dividends in various accounts for a total of $30.63:
|
Stock |
Shares |
Total Dividend |
Div per Share |
Basis per share |
% on Basis |
Annual % on Basis |
|
BAC |
436 |
4.36 |
0.01 |
20.42 |
0.0490% |
0.1959% |
I use my basis per share to determine the simple and annualized percentage return because I feel that it gives me a better representation of the value of the dividends as they relate to my portfolio.