Altria (MO) Transactions

On 1/15/21 I bought 500 shares of Altria (MO) at $41.90 to be placed in my Double Dipping Portfolio. At the time of purchase this stock paid an 86¢ dividend quarterly for an Annual Dividend Rate of $3.44. With the price I paid for the stock this yield is an Annual Dividend Yield of 8.2%. All dividends will be paid in Stock, not cash. Each quarterly dividend yield can change.

Call options will be sold against all shares in the Double Dipping Portfolio. Additional shares of stock will be bought with the premiums received.

Below is a list of all transactions with Altria while in the Double Dipping Portfolio.


1/22/21 – Buy 500 Shares MO @ $41.90

1/25/21 – Sell to Open 5 MO 1/29/21 $43.00 C @ 35¢ (+$175)

1/25/21 – Buy 4 Shares MO @ $41.82 – Bought with Premium. Total owned 504 shares

2/2/21 – Sell to Open 5 MO 2/12/21 $43.00 C @ 18¢ (+$90)

2/2/21 – Buy 2 Shares MO @ $41.54 – Bought with Premium. Total owned 506 shares.

2/23/21 – Sell to Open 5 5/19/21 $42.00 P @ 37¢ (+$185) & bought 4 shares @ $44.25 with this premium.