Today I added some more share to my PFE position
- PFE: 75 shares @ $32.56 --- Yield 3.93%
Total capital invested is $2448.94 and will increase my yearly dividends by $96. Buying Pfizer around 4% usually has worked out pretty well for me over the past few years. Right now I have approximately 383 shares, but 300 of them have a $32 covered call attached to them which expires next month.
Those share are earning a $1.28 premium so I will probably close out the option early and keep a $100 or so profit from the trade rather than risk losing the shares.
Anyway, I am now about $150 away from my year end goal of $6000 in forward dividends.
Forward dividends are around $5850..