CACI Dividend Type Payments
Although CACI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CACI International, Inc. Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
| CACI International, Inc. Class A (CACI) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 320.00 | 347.93 | 327.00 | -14.68 | 702K | 16 | 7.7B |
CACI Dividend-Like Income Using Covered Calls
With CACI at 327.00, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:
| Annual Yield | Annual Premium | Cents/Day |
|---|---|---|
| 3% | 9.81 | 2.7 |
| 5% | 16.35 | 4.5 |
| 10% | 32.70 | 9.0 |
So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:
| 3% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 350.00 | 12.60 | 56 | 22.5 | 2.07 (0.6%) | |
| Oct 17 | 350.00 | 34.60 | 239 | 14.5 | 2.07 (0.6%) | |
| 5% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 350.00 | 12.60 | 56 | 22.5 | 2.07 (0.6%) | |
| Oct 17 | 350.00 | 34.60 | 239 | 14.5 | 2.07 (0.6%) | |
| 10% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 350.00 | 12.60 | 56 | 22.5 | 2.07 (0.6%) | |
| Oct 17 | 350.00 | 34.60 | 239 | 14.5 | 2.07 (0.6%) | |
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| Top 10 Open Interest For Mar 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | KWEB dividend | 1. | LUNR dividend | |
| 2. | FXI dividend | 7. | INTC dividend | 2. | HIMS dividend | |
| 3. | SPY dividend | 8. | SLV dividend | 3. | RGTI dividend | |
| 4. | EEM dividend | 9. | QQQ dividend | 4. | SOUN dividend | |
| 5. | IWM dividend | 10. | HYG dividend | 5. | WOLF dividend | |
Want more examples? CACC Dividend | CADE Dividend
