DOV - New Position

A new dividend position was established today on DOV. The following is the trade information, including IB commissions:

19-May-08 - Initial Stock Position - BTO 100 DOV @ 54.21
19-May-08 - Initial Call Option - STO 1 Jun08 55.00 Call @ 1.15
15-Jun-08 - Dividend Received - DIV 100 Dividend @ 0.22

Summary without the dividend if called early on Ex-Dividend date:

Stock Investment: $5,421.00
Income Generated: $115.00
Percent Income Generated: 2.12%
Annualized Income Generated: 86.03
Net Profit If Called: $194.00
Percent Return If Called: 3.58%
Annualized Return If Called: 145.14%
Days Held to Ex-Dividend Date: 9 days

Summary with the dividend if called at option expiration:

Stock Investment: $5,421.00
Income Generated: $137.00
Percent Income Generated: 2.53%
Annualized Income Generated: 28.83%
Net Profit If Called: $216.00
Percent Return If Called: 3.98%
Annualized Return If Called: 45.45%
Days Held to Expiration: 32 days

Dividend Information:

Ex-Dividend Date: 05/28/08
Dividend Pay Date: 06/15/08
Dividend Rate: $0.80
Dividend Yield on Cost: 1.48%