Screen Shot 2015-11-18 at 4.55.47 PM

Buy 600 AMZA at $7.61. At the current purchase price and assuming the continued monthly dividend of $0.11/share, that is a 17.4% yield [subject to taxes, see next article]. I like the monthly payout of $66.00/share on the position. It fits nicely with my strategy for this position.

An added bonus is the ability to use Options. To be fair, the market currently is really shallow and illiquid. I’m hoping that will change. Currently I have 2 orders in, but I’m not overly optimistic of getting a fill.

This is for a longer term position.

Advertisements