HCKT Dividend Type Payments
Although HCKT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on The Hackett Group, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 3:00 PM ET):
| The Hackett Group, Inc. (HCKT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 25.46 | 25.58 | 25.48 | -0.17 | 44K | 24 | 0.7B |
HCKT Dividend-Like Income Using Covered Calls
With HCKT at 25.48, 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% | 0.76 | 0.2 |
| 5% | 1.27 | 0.3 |
| 10% | 2.55 | 0.7 |
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:
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | ZETA dividend | |
| 2. | SPY dividend | 7. | IWM dividend | 2. | XYZ dividend | |
| 3. | TLT dividend | 8. | FXI dividend | 3. | MRNA dividend | |
| 4. | SLV dividend | 9. | TSLA dividend | 4. | UPST dividend | |
| 5. | QQQ dividend | 10. | IBIT dividend | 5. | ROKU dividend | |
Want more examples? HCI Dividend | HCSG Dividend
