HUBG Dividend Type Payments

Hub Group, Inc. - Class A dividend

Although HUBG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Hub Group, 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 Wed 4:16 PM ET):

Hub Group, Inc. - Class A (HUBG)
Bid Ask Last Change Volume P/E Market Cap
38.69 43.88 42.10 -0.57 511K 24 2.6B

HUBG Dividend-Like Income Using Covered Calls

With HUBG at 42.10, 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% 1.26 0.3
5% 2.11 0.6
10% 4.21 1.2

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 HUBG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jul 18 45.00 0.95 157 0.6 1.12 (2.7%)
5% Yield On HUBG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jul 18 45.00 0.95 157 0.6 1.12 (2.7%)

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

 
 
Top 10 Open Interest For Feb 21 Expiration     Top 5 High Yield
1.NVDA dividend 6.FXI dividend   1.FSLY dividend
2.SPY dividend 7.QQQ dividend   2.TTD dividend
3.TLT dividend 8.KWEB dividend   3.RDDT dividend
4.IWM dividend 9.SLV dividend   4.AUR dividend
5.TSLA dividend 10.AMD dividend   5.ABNB dividend

Want more examples? HUBB Dividend | HUBS Dividend