Hi Readers,<\/p>\n
I would like to welcome a few new readers that signed up this week.<\/p>\n
I know I haven’t been writing much but I’m still very much into the stock market and monitoring things everyday.<\/p>\n
For the new readers, I was writing everyday for a lot of years. However, I don’t like the way the market is moving under the current administration so I haven’t been doing my normal trading volume. But if anyone has a question about any options trading strategy send me an email. Hopefully the market starts to move in a little more predictable way and I’ll start making moves again. For now I’m just investing in dividend stocks along with some other long term holdings.<\/p>\n
The stock I’m reporting on today is Medical Properties Trust (MPW). This company owns thousands of hospitals and other medical properties around the world. It’s a real estate company so they lease the properties. Recently they had a problem with one of their big leases and they received a downgrade from an investment firm and the stock came down a few dollars. Reports I read say the company is still in good shape and will be making enough money to continue paying the same dividend. When investing in dividend stocks the biggest fear is a stock reducing their dividend. I still have confidence MPW will not reduce their dividend. I’m in my dividend stocks long term so a drop in the stock 10 or 20 percent does not worry me much. As long as they pay their dividend. The stock price should recover in time.<\/p>\n
As most of you know I have 2 accounts. One is a trading account which is a margin account. The other is a non-margin account for holding stocks longer term. In my margin account I’m holding 1000 shares of MPW and try to sell an option once in a while to pay the minimal margin interest along with collecting the dividend. I also own 1400 shares of MPW in my non-margin account which is only for collecting the dividend.<\/p>\n
Between the two accounts I own 2400 shares. April 13th was the Pay Date for the dividend. I received \u00a0a total of 82.29 shares of MPW as a dividend. I received the shares because I’m on the stock reinvestment plan. I now own a total of 2482.29 shares. The next time the company pays a dividend I’ll receive my dividend based on my 2482.29 shares and my shares will continue to grow. My dividend percent is 10.2% based on the price I paid for the shares. On Friday the stock closed at $8.28. If you buy this stock at this price, and the dividend stays the same, you would receive a dividend of 14%. With the stock price this low I might buy more shares this week.<\/p>\n
This stock seems to have hit support around the $8 mark. If it looks like it might hang around this area I might sell a 10 contract Call option against my 1000 shares in my margin account. If I do, I will buy shares with the premium I receive with the sale of the Call.<\/p>\n
If anyone has a question on how dividend investing works send me an email.<\/p>\n
<\/p>\n
Successful trading,<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Hi Readers, I would like to welcome a few new readers that signed up this week. I know I haven’t been writing much but I’m still very much into the stock market and monitoring things everyday. For the new readers, I was writing everyday for a lot of years. However, I don’t like the way […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-13643","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3y3","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13643"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13643\/revisions"}],"predecessor-version":[{"id":13644,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13643\/revisions\/13644"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}