LIVN Dividend Type Payments
Although LIVN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on LivaNova PLC - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):
| LivaNova PLC - Ordinary Shares (LIVN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 25.32 | 75.05 | 63.31 | +2.85 | 872K | - | 3.3B |
LIVN Dividend-Like Income Using Covered Calls
With LIVN at 63.31, 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% | 1.90 | 0.5 |
| 5% | 3.17 | 0.9 |
| 10% | 6.33 | 1.7 |
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:
| 3% Yield On LIVN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 75.00 | 1.00 | 144 | 0.7 | 0.00 (0.0%) | |
| Jul 17 | 75.00 | 2.80 | 235 | 1.2 | 0.00 (0.0%) | |
| 5% Yield On LIVN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 17 | 75.00 | 2.80 | 235 | 1.2 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | RZLT dividend | |
| 2. | IWM dividend | 7. | SLV dividend | 2. | IMNM dividend | |
| 3. | IBIT dividend | 8. | GLD dividend | 3. | NTNX dividend | |
| 4. | SPY dividend | 9. | TLT dividend | 4. | IREN dividend | |
| 5. | QQQ dividend | 10. | FXI dividend | 5. | VTYX dividend | |
Want more examples? LITE Dividend | LKFN Dividend
