GAIA Dividend Type Payments

Gaia, Inc. - Class A dividend

Although GAIA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Gaia, 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 Mon 4:16 PM ET):

Gaia, Inc. - Class A (GAIA)
Bid Ask Last Change Volume P/E Market Cap
3.64 4.30 4.01 +0.12 82K - 0.1B

GAIA Dividend-Like Income Using Covered Calls

With GAIA at 4.01, 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% 0.12 0.0
5% 0.20 0.1
10% 0.40 0.1

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 GAIA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.05 117 0.0 3.20 (79.8%)
Jun 20 5.00 0.05 61 0.1 0.70 (17.5%)
5% Yield On GAIA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 5.00 0.05 61 0.1 0.70 (17.5%)

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