CASH Dividend Type Payments

Although CASH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Pathward Financial, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

Pathward Financial, Inc. (CASH)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
78.33	81.58	80.06	-1.49	170K	12	2.1B

CASH Dividend-Like Income Using Covered Calls

With CASH at 80.06, 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%	2.40	0.7
5%	4.00	1.1
10%	8.01	2.2

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 CASH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	85.00	0.65	37	1.8	3.42 (4.3%)
Jun 20	85.00	4.00	219	1.8	3.42 (4.3%)

5% Yield On CASH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	85.00	0.65	37	1.8	3.42 (4.3%)
Jun 20	85.00	4.00	219	1.8	3.42 (4.3%)

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Top 10 Open Interest For Dec 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	QQQ dividend	1.	NOVA dividend
2.	SPY dividend	7.	XLF dividend	2.	LUNR dividend
3.	EEM dividend	8.	KWEB dividend	3.	OKLO dividend
4.	FXI dividend	9.	TLT dividend	4.	AMAT dividend
5.	IWM dividend	10.	KRE dividend	5.	WULF dividend

Want more examples? CARS Dividend | CASS Dividend