Tuesday, February 8, 2011

GD - Dividend




A dividend was received on General Dynamics Corporation (GD). All prices include IB commissions.








CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases19
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.83
Discount to Morningstar's Fair Value Estimate-3.85%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/4/2011GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00


Current Position Summary





Cost Basis($7,500.00)
Income Generated$639.74
Percent Income Generated8.53%
Annualized Income Generated8.04%
Net Profit If Assigned($360.26)
Percent Return If Assigned-4.80%
Annualized Return If Assigned-4.53%
Days Held to Expiration387 days


Trade History


















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/28/2010GDCSP Margin UsedCSP 100 GD @ 75.00 ($7,500.00) 
4/28/2010GDInitial Put OptionSTO 1 May10 75.00 Put @ 0.99Closed $98.99
5/21/2010GDBuy Back and Roll Out/DownBTC 1 May10 75.00 Put @ -8.17  ($816.86)
5/21/2010GDInterim TradeSTO 1 Aug10 75.00 Put @ 9.98Exercised $998.14
7/13/2010GDCSP Margin ReturnedCSP 100 GD @ -75.00 $7,500.00 
7/13/2010GDStock AssignedEX 1 Aug10 75.00 Put @ -75.00 ($7,500.00) 
9/1/2010GDInterim TradeSTO 1 Jan11 65.00 Call @ 1.24Closed $123.99
11/12/2010GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
12/21/2010GDBuy Back and Roll OutBTC 1 Jan11 65.00 Call @ -5.47  ($546.76)
12/21/2010GDInterim TradeSTO 1 May11 65.00 Call @ 6.98  $698.24
2/4/2011GDDividend ReceivedDIV 100 Dividend @ 0.42  $42.00
5/20/2011GD Totals ($7,500.00)$639.74
DTE387 Percent Income/Annualized 8.53%8.04%