CSL Dividend Type Payments

Carlisle Companies Incorporated dividend

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

Carlisle Companies Incorporated (CSL)
Bid Ask Last Change Volume P/E Market Cap
283.00 408.10 335.56 -0.58 498K 12 15B

CSL Dividend-Like Income Using Covered Calls

With CSL at 335.56, 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% 10.07 2.8
5% 16.78 4.6
10% 33.56 9.2

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 CSL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 410.00 7.50 194 3.9 1.90 (0.6%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Mar 21 Expiration     Top 5 High Yield
1.NVDA dividend 6.KWEB dividend   1.WOLF dividend
2.SPY dividend 7.QQQ dividend   2.QBTS dividend
3.IWM dividend 8.INTC dividend   3.CLSK dividend
4.FXI dividend 9.TSLA dividend   4.GRPN dividend
5.EEM dividend 10.SLV dividend   5.ADBE dividend

Want more examples? CSIQ Dividend | CSM Dividend