LSCC Dividend Type Payments
Although LSCC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Lattice Semiconductor Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 3:05 PM ET):
Lattice Semiconductor Corporation (LSCC) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
57.10 | 57.13 | 57.12 | -1.84 | 418K | 58 | 8.1B |
LSCC Dividend-Like Income Using Covered Calls
With LSCC at 57.12, 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% | 1.71 | 0.5 |
5% | 2.86 | 0.8 |
10% | 5.71 | 1.6 |
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 LSCC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 60.00 | 1.10 | 19 | 5.8 | 2.87 (5.0%) | |
Jun 20 | 60.00 | 6.90 | 173 | 4.0 | 2.87 (5.0%) |
5% Yield On LSCC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 60.00 | 1.10 | 19 | 5.8 | 2.87 (5.0%) | |
Jun 20 | 60.00 | 6.90 | 173 | 4.0 | 2.87 (5.0%) |
10% Yield On LSCC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 60.00 | 1.10 | 19 | 5.8 | 2.87 (5.0%) | |
Jun 20 | 60.00 | 6.90 | 173 | 4.0 | 2.87 (5.0%) |
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Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | XLF dividend | 1. | NMRA dividend | |
2. | SLV dividend | 7. | SPY dividend | 2. | RCAT dividend | |
3. | AAPL dividend | 8. | TSLA dividend | 3. | QUBT dividend | |
4. | EEM dividend | 9. | IWM dividend | 4. | QBTS dividend | |
5. | INTC dividend | 10. | TLT dividend | 5. | ACHR dividend |
Want more examples? LSAT Dividend | LSPD Dividend