NFLX Dividend Type Payments

Netflix, Inc. dividend

Although NFLX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Netflix, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 1:00 PM ET):

Netflix, Inc. (NFLX)
Bid Ask Last Change Volume P/E Market Cap
1,008.75 1,009.96 1,008.75 -2.36 1.7M 51 433B

NFLX Dividend-Like Income Using Covered Calls

With NFLX at 1,008.75, 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% 0.03 0.0
5% 0.05 0.0
10% 0.10 0.0

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 NFLX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 7 1005.00 31.85 30 89.6 0.00 (0.0%)
Feb 14 1005.00 17.60 9 140.4 0.00 (0.0%)
5% Yield On NFLX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 7 1005.00 31.85 30 89.6 0.00 (0.0%)
Feb 14 1005.00 17.60 9 140.4 0.00 (0.0%)
10% Yield On NFLX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 7 1005.00 31.85 30 89.6 0.00 (0.0%)
Feb 14 1005.00 17.60 9 140.4 0.00 (0.0%)

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.TSLA dividend   1.NET dividend
2.TLT dividend 7.QQQ dividend   2.AFRM dividend
3.SPY dividend 8.SLV dividend   3.BILL dividend
4.IWM dividend 9.KWEB dividend   4.PINS dividend
5.FXI dividend 10.GLD dividend   5.FTNT dividend

Want more examples? NFLT Dividend | NFRA Dividend