Today I doubled my TGT position.
- TGT: 40 shares @ $67.28 --- Yield 3.57%
Total capital invested is $2698.07 and will add $96.00 to my yearly dividends. These share have been under insane pressure recently having plummeted $10 over the last month.
I like the yield, dividend growth, and long term prospects. Amazon can't put everyone out of business....can they?
In other news, I closed out an XOM covered call that netted me around $120 and am currently trying to close 3 PFE covered calls that expire tomorrow. The strike price is $32 and the shares are hovering around $32.05 and are not cooperating with me today. I have a $.21 limit order to buy the calls against a $1.29 premium so I should net around $320 went the transaction occurs. This call should be closed when PFE falls back down to $32.
I am not dumping the shares over a few pennies if push comes to shove, but it would be nice to earn around 85% of the premium. We'll see how it goes.
Forward dividends are now around $6400.00.