02-21-2014, 08:20 AM
(This post was last modified: 02-21-2014, 09:09 AM by hendi_alex.)
Because of fairly active trading in our main accounts, I don't even keep track of the dividend stream. But with all of the covered call writing, the cash flow, dividends plus call income, is quite large. Guess I'll start keeping track of the dividend stream in the long term account, but it is currently funded so low at under $50K, just have not bothered thus far.
Just paused while typing this post and set up a tracking portfolio. Here is a copy. Looks like dividends have been a bit stagnant over the year, up a tad, but nothing like has been reported from most DG stocks. Still the average yield is north of 5% and in spite of low dividend growth, NAV is up 24% over 1year (average duration of incremental funding). So far the portfolio has given a very acceptable total return. Wish my bigger accounts had done as well! Yield against purchase, which I don't really track, would have to be north of 6%.
Cash account with long term dividend positions
![[Image: 12675080975_12a29b8c26_o.png]](http://farm3.staticflickr.com/2878/12675080975_12a29b8c26_o.png)
note: I have almost constantly employed some level of margin, on the average about 25% to 33% of the account value. Currently margin is at the high end, at 44% of the account value. Margin amount will never exceed what could be offset with fresh funding in a given year.
Just paused while typing this post and set up a tracking portfolio. Here is a copy. Looks like dividends have been a bit stagnant over the year, up a tad, but nothing like has been reported from most DG stocks. Still the average yield is north of 5% and in spite of low dividend growth, NAV is up 24% over 1year (average duration of incremental funding). So far the portfolio has given a very acceptable total return. Wish my bigger accounts had done as well! Yield against purchase, which I don't really track, would have to be north of 6%.
Cash account with long term dividend positions
note: I have almost constantly employed some level of margin, on the average about 25% to 33% of the account value. Currently margin is at the high end, at 44% of the account value. Margin amount will never exceed what could be offset with fresh funding in a given year.
Alex