Wednesday, 21 September 2016

New Purchase - TD and NWC

On September 20, I bought 50 shares of TD and 50 shares of NWC.

TD:
Number of shares purchased
50
Price per share
$57.56
Commission
$9.95
Total cost per share
$57.76
Total cost
$2,887.95
Annual dividend per share
$2.20
Initial dividend yield
3.81%
Increase in forward 12-month dividends
$110.00

NWC:
Number of shares purchased
50
Price per share
$27.26
Commission
$9.95
Total cost per share
$27.46
Total cost
$1,372.95
Annual dividend per share
$1.24
Initial dividend yield
4.52%
Increase in forward 12-month dividends
$62


My 12-month forward dividends now stand at $10,641. 

Over the past 2.5 weeks, I've worked about 70 hours of overtime, which should give me about $3,500 net. I'm not sure what i'm going to buy with it - maybe more Telus or Rogers.

Friday, 2 September 2016

Options Trade - Sold a Put in VOD

On September 1, 2016, I sold a put in VOD. 

Sold 1 VOD Put Apr 21 '17 $30 Put @ $2.00 ($11.20 commission + $0.01 SEC Fee)

Days Held (sell date to expiry): 232


Net Premium: $188.79


Annualized Return = ($188.79 / ($3,000 - $188.79)) * 365/232 = 10.6%

The most likely outcomes of this trade are:

1. Shares are trading above $30.00 at expiration. I will get to keep $188.79 in net premiums.

2. VOD is trading below $30.00 at or before expiration and shares are assigned. I will receive 100 shares of VOD at a net cost of $28.11/share.


I would feel very comfortable buying shares of VOD at $28.11.

New Purchase - CVS Health

On September 01, 2016, I added 45 shares of CVS to the 150 I already own.

Number of shares purchased
45
Price per share
$93.199
Commission
$9.95
Total cost per share
$93.42
Total cost
$4,203.91
Annual dividend per share
$1.70
Initial dividend yield
1.82%
Increase in forward 12-month dividends
$76.50

I also sold a put on VOD which I will write about at a later date.

My 12-month forward dividends now stand at $10,468.