NTNX Dividend Type Payments

Although NTNX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Nutanix, Inc. - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Nutanix, Inc. - Class A (NTNX)
Bid Ask Last Change Volume P/E Market Cap
57.00 61.91 58.54 -3.09 1.6M - 47B

NTNX Dividend-Like Income Using Covered Calls

With NTNX at 58.54, 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% 1.76 0.5
5% 2.93 0.8
10% 5.85 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 NTNX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 62.50 1.35 26 5.2 0.59 (1.0%)
Oct 17 62.50 6.10 180 3.4 0.59 (1.0%)
5% Yield On NTNX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 62.50 1.35 26 5.2 0.59 (1.0%)
Oct 17 62.50 6.10 180 3.4 0.59 (1.0%)
10% Yield On NTNX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 62.50 1.35 26 5.2 0.59 (1.0%)
Oct 17 62.50 6.10 180 3.4 0.59 (1.0%)

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