With annual dividends at $2.56/share, I'll expect to receive $76.80 forward 12-month dividends from this purchase. Details are as following:-
At the same time, I also wrote a July 17 put on PG, at strike price $75. The net premium is $83.90 after commission. If it is assigned, I'll purchase 100 shares PG at purchase price $74.31/share.