Tuesday, February 8, 2011

SYK - Dividend




A dividend was received on Stryker Corp (SYK). All prices include IB commissions.








CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases18
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.71
Discount to Morningstar's Fair Value Estimate30.56%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/31/2011SYKDividend ReceivedDIV 100 Dividend @ 0.18  $18.00


Current Position Summary





Cost Basis($5,000.00)
Income Generated$635.74
Percent Income Generated12.71%
Annualized Income Generated15.42%
Net Profit If Assigned$635.74
Percent Return If Assigned12.71%
Annualized Return If Assigned15.42%
Days Held to Expiration301 days


Trade History


















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
5/21/2010SYKInitial Put OptionSTO 1 Sep10 50.00 Put @ 2.55Exercised $254.54
9/17/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
9/17/2010SYKStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010SYKContinued TradeSTO 1 Nov10 50.00 Call @ 1.45Closed $145.24
10/29/2010SYKDividend ReceivedDIV 100 Dividend @ 0.15  $15.00
11/18/2010SYKBuy Back and Roll OutBTC 1 Nov10 50.00 Call @ -1.44  ($143.76)
11/18/2010SYKContinued TradeSTO 1 Dec10 50.00 Call @ 2.21Closed $221.24
12/13/2010SYKBuy Back and Roll OutBTC 1 Dec10 50.00 Call @ -3.26  ($325.76)
12/13/2010SYKContinued TradeSTO 1 Mar11 50.00 Call @ 4.51  $451.24
1/31/2011SYKDividend ReceivedDIV 100 Dividend @ 0.18  $18.00
3/18/2011SYK Totals ($5,000.00)$635.74
DTE301 Percent Income/Annualized 12.71%15.42%