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 |
|
CKR |
300 |
18.00 |
0.06 |
16.72 |
0.3589% |
1.4354% |
|
PDS |
400 |
12.63 |
0.03 |
9.55 |
0.3306% |
3.9675% |
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. Note that PDS pays a monthly dividend.