CWH Dividend Type Payments
Although CWH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Camping World Holdings, 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):
Camping World Holdings, Inc. Class A (CWH) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
20.99 | 22.43 | 21.83 | -0.34 | 1.7M | - | 1.2B |
CWH Dividend-Like Income Using Covered Calls
With CWH at 21.83, 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% | 0.65 | 0.2 |
5% | 1.09 | 0.3 |
10% | 2.18 | 0.6 |
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 CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 23.00 | 0.35 | 8 | 4.4 | 0.57 (2.6%) | |
Jun 20 | 23.00 | 2.45 | 162 | 1.5 | 0.57 (2.6%) |
5% Yield On CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 23.00 | 0.35 | 8 | 4.4 | 0.57 (2.6%) | |
Jun 20 | 23.00 | 2.45 | 162 | 1.5 | 0.57 (2.6%) |
10% Yield On CWH Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 23.00 | 0.35 | 8 | 4.4 | 0.57 (2.6%) | |
Jun 20 | 23.00 | 2.45 | 162 | 1.5 | 0.57 (2.6%) |
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Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
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2. | SLV dividend | 7. | XLF dividend | 2. | DNA dividend | |
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Want more examples? CWEN Dividend | CWI Dividend