{"id":23786,"date":"2025-10-15T21:23:31","date_gmt":"2025-10-16T01:23:31","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/10\/15\/how-to-accelerate-your-income-from-dividend-growth-stocks-even-as-share-prices-go-nowhere\/"},"modified":"2025-10-15T21:23:31","modified_gmt":"2025-10-16T01:23:31","slug":"how-to-accelerate-your-income-from-dividend-growth-stocks-even-as-share-prices-go-nowhere","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/10\/15\/how-to-accelerate-your-income-from-dividend-growth-stocks-even-as-share-prices-go-nowhere\/","title":{"rendered":"How to Accelerate Your Income from Dividend Growth Stocks (Even as Share Prices Go Nowhere)"},"content":{"rendered":"
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\n

If you\u2019ve been watching Hershey (HSY)<\/strong> lately, you know the stock hasn\u2019t exactly been sweet. Since July of last year, it\u2019s gone up\u2026 then down\u2026 then right back where it started.<\/p>\n

\n

But that kind of sideways action can actually be great news for income investors \u2014 if you know how to take advantage of it.<\/p>\n

I\u2019ll explain\u2026<\/p>\n

For more than a year now, I\u2019ve been using HSY as a real-world example of how selling cash-secured puts<\/strong> and covered calls<\/strong> on high-quality dividend growth stocks can generate steady, reliable income\u2026 even when the stock itself goes nowhere.<\/p>\n

And Hershey has been a textbook case.<\/p>\n

How It\u2019s Played Out<\/h3>\n

Since July 2024, I\u2019ve entered a series of option trades on HSY \u2014 each one generating solid income, while keeping risk relatively low. Here\u2019s how the journey has looked:<\/p>\n

    \n
  • July 2024:<\/strong> Sold a cash-secured put with a $180 strike. The stock stayed above that level, and I kept the entire $320<\/strong> premium.<\/li>\n
  • October 2024:<\/strong> Sold another put for $435<\/strong> income. This time, shares were assigned \u2014 meaning I bought 100 shares at $180 each.<\/li>\n
  • December 2024:<\/strong> With those shares in hand, I sold a covered call for $295<\/strong>. The contract expired worthless, so I kept both the shares and the premium.<\/li>\n
  • March 2025:<\/strong> Sold another covered call for $784<\/strong>. Same result \u2014 more income, still held the shares.<\/li>\n
  • September 2025:<\/strong> Sold another covered call at the $185 strike, collecting $727<\/strong>. That call was later exercised and my shares were called away at $185.<\/li>\n<\/ul>\n

    Along the way, I also received three quarterly dividends<\/strong> of $137 each \u2014 another $411<\/strong> in passive income.<\/p>\n

    By early October 2025, the total cash collected from this HSY \u201cincome wheel\u201d had grown to nearly $3,000<\/strong>, combining option premiums and dividends.<\/p>\n

    Summary of HSY Income Trades<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
    Date<\/th>\nTrade Type<\/th>\nStrike<\/th>\nIncome Collected<\/th>\nOutcome<\/th>\n<\/tr>\n<\/thead>\n
    Jul 2024<\/td>\nCash-Secured Put<\/td>\n$180<\/td>\n$320<\/td>\nExpired worthless<\/td>\n<\/tr>\n
    Oct 2024<\/td>\nCash-Secured Put<\/td>\n$180<\/td>\n$435<\/td>\nAssigned 100 shares<\/td>\n<\/tr>\n
    Dec 2024<\/td>\nCovered Call<\/td>\n$180<\/td>\n$295<\/td>\nExpired worthless<\/td>\n<\/tr>\n
    Mar 2025<\/td>\nCovered Call<\/td>\n$180<\/td>\n$784<\/td>\nExpired worthless<\/td>\n<\/tr>\n
    Sep 2025<\/td>\nCovered Call<\/td>\n$185<\/td>\n$727<\/td>\nShares called away<\/td>\n<\/tr>\n
    2025 (3 Dividends)<\/td>\nDividend Income<\/td>\n\u2014<\/td>\n$411<\/td>\nCollected quarterly<\/td>\n<\/tr>\n
    Total<\/strong><\/td>\n<\/td>\n<\/td>\n$2,972<\/strong><\/td>\nOptions + dividends<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    The most recent covered call, sold at the $185 strike, was exercised \u2014 meaning my 100 shares were called away at $185 each.<\/p>\n

    That locked in a modest stock gain on top of the nearly $3,000 in income I\u2019d already collected. So even though HSY\u2019s price has barely budged for over a year, these option trades turned a boring, flat stock into a steady income generator.<\/p>\n

    And the story continues.<\/p>\n

    Just yesterday, I sold a new cash-secured put option on HSY \u2014 this time generating another $870 in instant income.<\/p>\n

    If the stock stays above my strike, I\u2019ll simply keep that cash and move on. If it dips, I\u2019ll happily buy the shares back at $185 and start the next round of income generation.<\/p>\n

    Either way, this trade continues the same low-drama, high-income rhythm that\u2019s been working for more than a year now.<\/p>\n

    The Takeaway<\/h3>\n

    This is exactly why I like selling options on high-quality dividend growth stocks. You don\u2019t need wild price swings to make money \u2014 just time, discipline, and the right approach.<\/p>\n

    While many investors wait for stocks like Hershey to \u201crecover,\u201d I\u2019ve been collecting thousands in real cash flow month after month. And now, with this latest trade, the cycle begins again.<\/p>\n

    Good investing!
    Greg Patrick<\/p>\n

    P.S. I\u2019ll be sharing the full details<\/em> of my brand-new HSY trade \u2014 \u00a0including the strike, expiration, and risk\/reward setup \u2014 with subscribers of Dividends & Income Select<\/strong>. If you\u2019d like to see exactly how I\u2019m generating relatively safe, high income from great dividend stocks like Hershey, you can join here and get all the details in the coming days.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    If you\u2019ve been watching Hershey (HSY) lately, you know the stock hasn\u2019t exactly been sweet. Since July of last year, it\u2019s gone up\u2026 then down\u2026 then right back where it started. But that kind of sideways action can actually be great news for income investors \u2014 if you know how to take advantage of it. […]<\/p>\n","protected":false},"author":1,"featured_media":23787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[29],"tags":[],"class_list":["post-23786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dividends","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/23786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=23786"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/23786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/23787"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=23786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=23786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=23786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}