Tuesday, February 8, 2011

LOW - Dividend




A dividend was received on Lowes Companies Inc (LOW). All prices include IB commissions.

This is the first position on LOW.








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)8
Ratio of P/E at Cost / 5yr Average P/E1.14
Discount to Morningstar's Fair Value Estimate33.33%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/2/2011LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00


Current Position Summary





Cost Basis($4,800.00)
Income Generated$645.08
Percent Income Generated13.44%
Annualized Income Generated17.97%
Net Profit If Assigned$645.08
Percent Return If Assigned13.44%
Annualized Return If Assigned17.97%
Days Held to Expiration273 days


Trade History
















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010LOWCSP Margin UsedCSP 200 LOW @ 24.00 ($4,800.00) 
5/21/2010LOWInitial Put OptionSTO 2 Oct10 24.00 Put @ 2.44Exercised $488.87
10/15/2010LOWCSP Margin ReturnedCSP 200 LOW @ -24.00 $4,800.00 
10/15/2010LOWStock AssignedEX 2 Oct10 24.00 Put @ -24.00 ($4,800.00) 
10/20/2010LOWContinued TradeSTO 2 Jan11 24.00 Call @ 0.34Closed $68.57
11/3/2010LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
1/3/2011LOWBuy Back and Roll OutBTC 2 Jan11 24.00 Call @ -1.37  ($273.43)
1/3/2011LOWContinued TradeSTO 2 Feb11 24.00 Call @ 1.59  $317.07
2/2/2011LOWDividend ReceivedDIV 200 Dividend @ 0.11  $22.00
2/18/2011LOW Totals ($4,800.00)$645.08
DTE273 Percent Income/Annualized 13.44%17.97%