DCTH Dividend Type Payments

Delcath Systems, Inc. dividend

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

Delcath Systems, Inc. (DCTH)
Bid Ask Last Change Volume P/E Market Cap
11.80 12.95 12.69 -0.10 574K - 0.4B

DCTH Dividend-Like Income Using Covered Calls

With DCTH at 12.69, 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% 0.38 0.1
5% 0.63 0.2
10% 1.27 0.3

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 DCTH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 15.00 1.65 214 0.8 2.05 (16.2%)
Feb 21 15.00 0.20 39 0.5 2.05 (16.2%)
5% Yield On DCTH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 15.00 1.65 214 0.8 2.05 (16.2%)
Feb 21 15.00 0.20 39 0.5 2.05 (16.2%)
10% Yield On DCTH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 15.00 1.65 214 0.8 2.05 (16.2%)
Feb 21 15.00 0.20 39 0.5 2.05 (16.2%)

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

 
 
Top 10 Open Interest For Jan 17 Expiration     Top 5 High Yield
1.NVDA dividend 6.TSLA dividend   1.IONQ dividend
2.SLV dividend 7.INTC dividend   2.APLD dividend
3.AAPL dividend 8.XLF dividend   3.NTLA dividend
4.SPY dividend 9.TLT dividend   4.SERV dividend
5.EEM dividend 10.IWM dividend   5.JOBY dividend

Want more examples? DCOM Dividend | DD Dividend