MSTR Dividend Type Payments
Although MSTR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on MicroStrategy Incorporated - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 2:55 PM ET):
MicroStrategy Incorporated - Class A (MSTR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
323.42 | 323.69 | 323.44 | +4.77 | 8.8M | - | 82B |
MSTR Dividend-Like Income Using Covered Calls
With MSTR at 323.44, 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% | 9.70 | 2.7 |
5% | 16.17 | 4.4 |
10% | 32.34 | 8.9 |
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 MSTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Mar 7 | 322.50 | 17.55 | 16 | 102.3 | 0.00 (0.0%) | |
Mar 14 | 325.00 | 21.05 | 23 | 91.5 | 1.31 (0.4%) |
5% Yield On MSTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Mar 7 | 322.50 | 17.55 | 16 | 102.3 | 0.00 (0.0%) | |
Mar 14 | 325.00 | 21.05 | 23 | 91.5 | 1.31 (0.4%) |
10% Yield On MSTR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Mar 7 | 322.50 | 17.55 | 16 | 102.3 | 0.00 (0.0%) | |
Mar 14 | 325.00 | 21.05 | 23 | 91.5 | 1.31 (0.4%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | FXI dividend | 1. | SEM dividend | |
2. | SPY dividend | 7. | SMCI dividend | 2. | GH dividend | |
3. | TSLA dividend | 8. | QQQ dividend | 3. | LUNR dividend | |
4. | TLT dividend | 9. | MSTR dividend | 4. | GKOS dividend | |
5. | IWM dividend | 10. | AMD dividend | 5. | OLED dividend |
Want more examples? MSOS Dividend | MSTX Dividend