Tuesday, March 31, 2015

Monthly Review -- March 2015

Dividends income

I received total dividends $267.25 in March. Details are as following:-
  • CVX - $139.10, received on 03/10.
  • XOM - $24.15, received on 03/10.
  • IBM - $27.50, received on 03/10.
  • JNJ - $28.00, received on 03/10.
  • MCD - $25.50, received on 03/15.
  • NOV - $23.00, received on 03/27.
From the dividends income, you'll see I have a relatively large portion in Big Oil, such as CVX and XOM. I'm still in the process of building and balancing my portfolio.

New Stock Purchases

I made several new purchases in March. Stock prices fluctuate up and down all the time, but I sleep well with these solid purchases with a long perspective.
  • PM - 50 shares bought on 03/06, purchase price at $80.60, forward 12-month dividends $200.
  • DNP - 200 shares bought on 03/06, purchase price at $10.45, forward 12-month dividends $156.
  • BAX - 30 shares bought on 03/09, purchase price at $67.50, forward 12-month dividends $62.40.
  • PG - 30 shares bought on 03/10, purchase price at $82.00, forward 12-month dividends $76.
  • PM - 30 shares bought on 03/11, purchase price at $78.00, forward 12-month dividends $120.
  • EMR - 30 shares bought on 03/11, purchase price at $56.00, forward 12-month dividends $56.40.

Puts expiration in March

Here are several puts I wrote that expired in March.  Total premium income is $105.70. I am pretty conservative at puts writing, which is good for an options newbie like me.
  • KMI - Strike price $40 - net premium $23.90 for 1 contract.
  • KO - Strike price $40 - net premium $52.90 for 2 contracts.
  • BAX - Strike price $62.50 - net premium $28.90 for 1 contract.

8 comments:

  1. You are doing puts the right way. Write on big established companies that are already cheap. I used to 'chase yield' in puts and got burned. The tickers that are paying 200% annualized returns are basically showing you a huge risk premium. Now I slurp up tons of bonus income on blue chips.

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    1. Thanks FV. I am somewhat too conservative for now at the puts writing. I am still learning how to do it. Do you plan to post monthly review too?

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  2. MD

    Great month, I've had also a great month, keep the snowball rolling.

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  3. MU,

    Great looking month and I love the aggressive additions to your portfolio. It will cool to see dividends hitting during the next couple of months.

    MDP

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  4. Good job with your purchases in March!
    I really like your strategy of stock selection. I follow a very similar approach to assess quality companies. In addition, I like to use morningstar's definition of moat.
    Div4son

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    Replies
    1. Hi Div4son, thanks for stopping by. Thanks for mentioning Morningstar's moat rating. I'll definitely look into it.

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