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	<title>Stocks and Options &#187; BMY</title>
	<atom:link href="http://btprograms.com/stock/tag/bmy/feed/" rel="self" type="application/rss+xml" />
	<link>http://btprograms.com/stock</link>
	<description>Retirement Income</description>
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		<title>Dividends Received, FCX, BMY, VZ, T, C, AA, PGF, 1QTR12</title>
		<link>http://btprograms.com/stock/dividends-received-fcx-bmy-vz-t-c-aa-pgf-1qtr12/</link>
		<comments>http://btprograms.com/stock/dividends-received-fcx-bmy-vz-t-c-aa-pgf-1qtr12/#comments</comments>
		<pubDate>Fri, 02 Mar 2012 01:38:29 +0000</pubDate>
		<dc:creator>Bill</dc:creator>
				<category><![CDATA[Stock and Option Trades]]></category>
		<category><![CDATA[1QTR12]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Dividend]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[PGF]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://btprograms.com/stock/?p=2676</guid>
		<description><![CDATA[Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $1,778.22 in dividends in my various accounts for 2012.  My year to date average monthly dividends received [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $1,778.22 in dividends in my various accounts for 2012.  My year to date average monthly dividends received is currently $889.11.  The year-to-date dividends currently represent about 25.51% of my average monthly investment cash flow and about 2.38% return on my current basis value.</p>
<p>My YTD dividends are up by $101.20 on a monthly average from last year.  That represents a 12.84% increase to date year over year.  I attribute the increased dividends to a few companies raising their dividends and to my purchasing additional dividend paying stocks.  During February, I received notice of the following dividends paid in various accounts for a total of $687.71.</p>
<div class="mceTemp">
<div id="attachment_2677" class="wp-caption alignnone" style="width: 601px"><a href="http://btprograms.com/stock/wp-content/uploads/2012/03/Div-3-1-12.gif"><img class="size-full wp-image-2677" title="Div-3-1-12" src="http://btprograms.com/stock/wp-content/uploads/2012/03/Div-3-1-12.gif" alt="" width="591" height="406" /></a><p class="wp-caption-text">Div-3-1-12</p></div>
</div>
<p>Please notice that PGF is an ETF and pays dividends monthly.  The annualized dividend yield for PGF is based upon the simple and false assumption that it will pay the same dividend each month for the next 12 months.  The actual annualized dividend yield may be more or less than illustrated here.</p>
<p>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.  My basis may be above or below the market price which causes my return to be lower or higher than published yields for a stock.  I calculate my basis per share as my acquisition price less any option premiums received on those shares.  I do not use dividends to reduce my basis.</p>
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		<item>
		<title>Dividends Received, FCX, T, VZ, BMY, BALT, C, AA PGF, 4QTR11</title>
		<link>http://btprograms.com/stock/dividends-received-fcx-t-vz-bmy-balt-c-aa-pgf-4qtr11/</link>
		<comments>http://btprograms.com/stock/dividends-received-fcx-t-vz-bmy-balt-c-aa-pgf-4qtr11/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 23:22:45 +0000</pubDate>
		<dc:creator>Bill</dc:creator>
				<category><![CDATA[Stock and Option Trades]]></category>
		<category><![CDATA[4QTR11]]></category>
		<category><![CDATA[AA PGF]]></category>
		<category><![CDATA[BALT]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Dividend]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://btprograms.com/stock/?p=2499</guid>
		<description><![CDATA[Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $8,622.06 in dividends in my various accounts for 2011.  My year to date average monthly dividends received [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $8,622.06 in dividends in my various accounts for 2011.  My year to date average monthly dividends received is currently $783.82.  The year-to-date dividends currently represent about 27.83% of my average monthly investment cash flow and about 2.15% return on my current basis value.</p>
<p>My YTD dividends are up by $179.55 on a monthly average from last year.  That represents a 29.71% increase to date year over year.  I attribute the increased dividends to a few companies raising their dividends and to my purchasing additional dividend paying stocks.  During October, I received notice of the following dividends paid in various accounts for a total of $468.00.</p>
<p><a href="http://btprograms.com/stock/wp-content/uploads/2011/12/Div-12-1-11.gif"><img class="alignnone size-full wp-image-2500" title="Div-12-1-11" src="http://btprograms.com/stock/wp-content/uploads/2011/12/Div-12-1-11.gif" alt="" width="592" height="350" /></a>                                    </p>
<p>Please notice that PGF is an ETF and pays dividends monthly.  The annualized dividend yield for PGF is based upon the simple and false assumption that it will pay the same dividend each month for the next 12 months.  The actual annualized dividend yield may be more or less than illustrated here.</p>
<p>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.  My basis may be above or below the market price which causes my return to be lower or higher than published yields for a stock.  I calculate my basis per share as my acquisition price less any option premiums received on those shares.  I do not use dividends to reduce my basis.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bristol Myers Squibb Co – Rolled Out Jan12 Calls</title>
		<link>http://btprograms.com/stock/bristol-myers-squibb-co-%e2%80%93-rolled-out-jan12-calls/</link>
		<comments>http://btprograms.com/stock/bristol-myers-squibb-co-%e2%80%93-rolled-out-jan12-calls/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 18:47:30 +0000</pubDate>
		<dc:creator>Bill</dc:creator>
				<category><![CDATA[Stock and Option Trades]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[Call]]></category>
		<category><![CDATA[Option]]></category>

		<guid isPermaLink="false">http://btprograms.com/stock/?p=2378</guid>
		<description><![CDATA[Today, 10/3/11, I BTC 3 BMY Jan12 $27.50 Covered Calls and Sold 3 BMY Jan13 27.50 Covered Calls for a net deposit of $282.44 in option premium in an IRA account.  My basis for these BMY shares is now 22.72, excluding dividends received.  These transactions represent about a 3.98% simple return and an annualized return [...]]]></description>
			<content:encoded><![CDATA[<p>Today, 10/3/11, I BTC 3 BMY Jan12 $27.50 Covered Calls and Sold 3 BMY Jan13 27.50 Covered Calls for a net deposit of $282.44 in option premium in an IRA account.  My basis for these BMY shares is now 22.72, excluding dividends received.  These transactions represent about a 3.98% simple return and an annualized return of about 2.98% on my prior basis if held to expiration.</p>
<p>I rolled these Calls out because BMY goes ex-dividend on 10/6/11 and, because my strike price is in the money, I want to reduce my chance of being called away for the dividend.  It is no guarantee but it has been my experience that the further out the expiration date the less likely the stock will be called away for the dividend, even if in the money.</p>
<p>BMY has been above $25 since late July 2010.  I would like to have rolled up the strike price while I rolled it out but could not do so for a net credit transaction.  I will check again when the Jan14 options are posted.  However, BMY pays a pretty good dividend of 33 cents or at about 4.17% at its current price and about 5.81% on my basis for the next dividend payment.  I consider BMY as part of my core holdings and prefer to continue holding it for the dividends and the extra revenue from the option premiums.  At this time I intend to continue rolling out these Covered Calls as long as I can and perhaps roll them up to a higher strike price as necessary if I can do so as a net credit transaction.</p>
<p>S&amp;P has a 12 month price target on BMY of $34, up from a earlier $30 and currently has a 4 star Buy.  MarketEdge has increased its price opinion to $29.01 from an earlier 25.43 and now has a Long rating for BMY.  The 17 YAHOO analysts have a 12 month price target of $32.50, up from an earlier $27.25 with a 2.1 rating, up from an earlier 2.4 rating (where 1.0 is a Strong Buy and 5.0 is a Strong Sell).</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dividends Received, EIX, VZ, BMY, FCX, BALT, DCIX, AA, C, PGF, 3QTR11</title>
		<link>http://btprograms.com/stock/dividends-received-eix-vz-bmy-fcx-balt-dcix-aa-c-pgf-3qtr11/</link>
		<comments>http://btprograms.com/stock/dividends-received-eix-vz-bmy-fcx-balt-dcix-aa-c-pgf-3qtr11/#comments</comments>
		<pubDate>Thu, 01 Sep 2011 16:09:50 +0000</pubDate>
		<dc:creator>Bill</dc:creator>
				<category><![CDATA[Stock and Option Trades]]></category>
		<category><![CDATA[3QTR11]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[BALT]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[DCIX]]></category>
		<category><![CDATA[Dividend]]></category>
		<category><![CDATA[EIX]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[PGF]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://btprograms.com/stock/?p=2322</guid>
		<description><![CDATA[Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $6,060.45 in dividends in my various accounts for 2011.  My year to date average monthly dividends received [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $6,060.45 in dividends in my various accounts for 2011.  My year to date average monthly dividends received is currently $757.56.  The year-to-date dividends currently represent about 27.04% of my average monthly investment cash flow and about 2.10% return on my current basis value.</p>
<p>My YTD dividends are up by $153.28 on a monthly average from last year.  That represents a 25.37% increase to date year over year.  I attribute the increased dividends to a few companies raising their dividends and to my purchasing additional dividend paying stocks.  During August, I received notice of the following dividends paid in various accounts for a total of $410.29. </p>
<p> <a href="http://btprograms.com/stock/wp-content/uploads/2011/09/Div-9-1-11.gif"><img class="alignnone size-full wp-image-2323" title="Div-9-1-11" src="http://btprograms.com/stock/wp-content/uploads/2011/09/Div-9-1-11.gif" alt="" width="461" height="344" /></a>                          </p>
<p> Please notice that PGF is an ETF and pays dividends monthly.  The annualized dividend yield for PGF is based upon the simple and false assumption that it will pay the same dividend each month for the next 12 months.  The actual annualized dividend yield may be more or less than illustrated here.</p>
<p> The DCIX shares are ones I received as a split off from Diana Shipping (DSX).  I had thought about just selling them but there are so few and the trading cost would chew up so much relative to what I would receive that I decided to keep them, at least for now, and collect the little dividends that they throw off.</p>
<p>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.  My basis may be above or below the market price which causes my return to be lower or higher than published yields for a stock.  I calculate my basis per share as my acquisition price less any option premiums received on those shares.  I do not use dividends to reduce my basis.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dividends Received, VZ, BMY, FCX, AA, PGF 2QTR11</title>
		<link>http://btprograms.com/stock/dividends-received-vz-bmy-fcx-aa-pgf-2qtr11/</link>
		<comments>http://btprograms.com/stock/dividends-received-vz-bmy-fcx-aa-pgf-2qtr11/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 16:07:00 +0000</pubDate>
		<dc:creator>Bill</dc:creator>
				<category><![CDATA[Stock and Option Trades]]></category>
		<category><![CDATA[2QTR11]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[Dividend]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[PGF]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://btprograms.com/stock/?p=2153</guid>
		<description><![CDATA[Many of the stocks that I own and write Covered Calls upon also pay dividends. Dividends occur on a regular basis and add significantly to my annual investment income. Year to date I have received a total of $3,472.67 in dividends in my various accounts for 2011. My year to date average monthly dividends received [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the stocks that I own and write Covered Calls upon also pay dividends. Dividends occur on a regular basis and add significantly to my annual investment income. Year to date I have received a total of $3,472.67 in dividends in my various accounts for 2011. My year to date average monthly dividends received is currently $694.53. The year-to-date dividends currently represent about 27.79% of my average monthly investment cash flow and about 2.03% return on my current basis value.</p>
<p>My YTD dividends are up by $90.26 on a monthly average from last year. That represents a 14.94% increase to date year over year. I attribute the increased dividends to a few companies raising their dividends and to my purchasing additional dividend paying stocks. During May, I received notice of the following dividends paid in various accounts for a total of $349.16. May is typically one of the lower months for dividend payouts, at least in my portfolio.</p>
<p><a href="http://btprograms.com/stock/wp-content/uploads/2011/06/Div-6-1-11.gif"><img class="alignnone size-full wp-image-2154" title="Div-6-1-11" src="http://btprograms.com/stock/wp-content/uploads/2011/06/Div-6-1-11.gif" alt="" width="457" height="229" /></a></p>
<p>Please notice that PGF is an ETF and pays dividends monthly. The annualized dividend yield for PGF is based upon the simple and false assumption that it will pay the same dividend each month for the next 12 months. The actual annualized dividend yield may be more or less than illustrated here.</p>
<p>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. My basis may be above or below the market price which causes my return to be lower or higher than published yields for a stock. I calculate my basis per share as my acquisition price less any option premiums received on those shares. I do not use dividends to reduce my basis.</p>
]]></content:encoded>
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