CMCSA Dividend Type Payments
Although CMCSA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Comcast Corporation - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:10 AM ET):
| Comcast Corporation - Class A (CMCSA) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 34.13 | 34.14 | 34.14 | -1.04 | 2.9M | 8.5 | 133B |
CMCSA Dividend-Like Income Using Covered Calls
With CMCSA at 34.14, 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% | 1.02 | 0.3 |
| 5% | 1.71 | 0.5 |
| 10% | 3.41 | 0.9 |
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 CMCSA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 2 | 34.00 | 1.49 | 23 | 5.9 | 0.00 (0.0%) | |
| May 9 | 34.00 | 1.62 | 30 | 4.9 | 0.00 (0.0%) | |
| 5% Yield On CMCSA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 2 | 34.00 | 1.49 | 23 | 5.9 | 0.00 (0.0%) | |
| May 9 | 34.00 | 1.62 | 30 | 4.9 | 0.00 (0.0%) | |
| 10% Yield On CMCSA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 2 | 34.00 | 1.49 | 23 | 5.9 | 0.00 (0.0%) | |
| May 9 | 34.00 | 1.62 | 30 | 4.9 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SPY dividend | 6. | IWM dividend | 1. | UPST dividend | |
| 2. | NVDA dividend | 7. | NIO dividend | 2. | CVNA dividend | |
| 3. | SLV dividend | 8. | TSLA dividend | 3. | RUN dividend | |
| 4. | ASHR dividend | 9. | EEM dividend | 4. | CORZ dividend | |
| 5. | QQQ dividend | 10. | TLT dividend | 5. | UAL dividend | |
Want more examples? CMCO Dividend | CMDT Dividend
