Wednesday, October 29, 2014

Progressive Dividend Policy BHP Billiton $BHP

I love it when I look at a stock's website and am greeted with the mission of a progressive dividend policy.   I am looking for more than 4% dividend yield, I am looking for dividend growth and I am looking to find a bargain.   But I am not greedy so I will buy this stock and sell a call that allows me to pocket both the covered call premium and the expected next dividend.  

You will notice that this opportunity was even better a couple of weeks ago but I am adding more.   (http://www.themoneymadam.com/2014/10/bhp-billiton-covered-call-for-more.html

BHP Billiton:   Covered Call Fundamentals

http://www.bhpbilliton.com/home/investors/shareholderinfo/Pages/Dividends.aspx





Do not pay attention to the QE or even the volatile swings in the market.  Just look for stocks that meet our criteria and figure 90 percent of them will do well.  

TheMoneyMadam