|
DividendWriting portfolios are constructed from large-cap stocks that in aggregate have a dividend yield at least 50% higher than the S&P 500. In addition to dividend yield, Cullinan screens equities based on fundamental financial ratios, especially their ability to continue paying dividends. The associated call options are chosen based on their yield in relation to their strike price and the time remaining until they expire. Cullinan prefers to write options that expire within one to four months and the strategy seeks to generate annual income in the range of 2-5% from a combination of stock dividends and call premiums.
|
|
|
|