GOOD Dividend

Although GOOD has a dividend of 0.10 with an ex-dividend date of Dec 20, you can sell covered calls on Gladstone Commercial Corporation - Real Estate Investment Trust to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 9:45 AM ET):

Gladstone Commercial Corporation - Real Estate Investment Trust (GOOD)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
16.70	16.73	16.69	+0.02	10K	79	0.7B

GOOD Dividend-Like Income Using Covered Calls

With GOOD at 16.69, 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%	0.50	0.1
5%	0.83	0.2
10%	1.67	0.5

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 GOOD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	17.50	0.50	185	0.3	0.77 (4.6%)
Mar 21	17.50	0.25	94	0.3	0.77 (4.6%)

5% Yield On GOOD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	17.50	0.50	185	0.3	0.77 (4.6%)
Mar 21	17.50	0.25	94	0.3	0.77 (4.6%)

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

Top 10 Open Interest For Dec 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	QBTS dividend
2.	SPY dividend	7.	IWM dividend	2.	WVE dividend
3.	XLF dividend	8.	KWEB dividend	3.	ACHR dividend
4.	QQQ dividend	9.	TLT dividend	4.	NMRA dividend
5.	FXI dividend	10.	TSLA dividend	5.	CIFR dividend

Want more examples? GOLF Dividend | GOOG Dividend