HWKN Dividend Type Payments

Hawkins, Inc. dividend

Although HWKN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Hawkins, Inc. 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):

Hawkins, Inc. (HWKN)
Bid Ask Last Change Volume P/E Market Cap
114.34 126.56 118.10 +2.56 149K 30 2.4B

HWKN Dividend-Like Income Using Covered Calls

With HWKN at 118.10, 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% 3.54 1.0
5% 5.91 1.6
10% 11.81 3.2

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 HWKN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 130.00 5.40 164 3.3 3.44 (2.9%)
Feb 21 130.00 0.50 45 1.1 3.44 (2.9%)
5% Yield On HWKN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 130.00 5.40 164 3.3 3.44 (2.9%)
Mar 21 130.00 1.50 73 2.1 3.44 (2.9%)
10% Yield On HWKN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 130.00 5.40 164 3.3 3.44 (2.9%)

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.SPY dividend   1.RGTI dividend
2.SLV dividend 7.XLF dividend   2.IONQ dividend
3.AAPL dividend 8.IWM dividend   3.U dividend
4.EEM dividend 9.TSLA dividend   4.VIR dividend
5.INTC dividend 10.TLT dividend   5.HCAT dividend

Want more examples? HWC Dividend | HWM Dividend