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 |
| 442.66 | 486.24 | 452.39 | -1.89 | 226K | 23 | 10B |
CACI Dividend-Like Income Using Covered Calls
With CACI at 452.39, 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% | 13.57 | 3.7 |
| 5% | 22.62 | 6.2 |
| 10% | 45.24 | 12.4 |
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 | |
| Oct 17 | 490.00 | 32.20 | 274 | 11.8 | 3.76 (0.8%) | |
| Sep 19 | 490.00 | 29.50 | 246 | 12.0 | 3.76 (0.8%) | |
| 5% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 490.00 | 32.20 | 274 | 11.8 | 3.76 (0.8%) | |
| Sep 19 | 490.00 | 29.50 | 246 | 12.0 | 3.76 (0.8%) | |
| 10% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 20 | 490.00 | 21.10 | 155 | 13.6 | 3.76 (0.8%) | |
| Feb 21 | 490.00 | 5.60 | 36 | 15.6 | 3.76 (0.8%) | |
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| Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | FXI dividend | 1. | RGTI dividend | |
| 2. | TLT dividend | 7. | TSLA dividend | 2. | QUBT dividend | |
| 3. | IWM dividend | 8. | AMZN dividend | 3. | DJT dividend | |
| 4. | SPY dividend | 9. | ASHR dividend | 4. | MSTR dividend | |
| 5. | SLV dividend | 10. | AAPL dividend | 5. | SOUN dividend | |
Want more examples? CACC Dividend | CADE Dividend
