PINC Dividend

Although PINC has a dividend of 0.21 with an ex-dividend date of Feb 28, you can sell covered calls on Premier, 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 Wed 3:20 PM ET):

Premier, Inc. - Class A (PINC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
18.98	18.99	18.98	-0.12	1.4M	14	2.9B

PINC Dividend-Like Income Using Covered Calls

With PINC at 18.98, 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%	0.57	0.2
5%	0.95	0.3
10%	1.90	0.5

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 PINC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	20.00	1.20	227	0.5	1.01 (5.3%)
Feb 21	20.00	0.20	17	1.2	1.01 (5.3%)

5% Yield On PINC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	20.00	1.20	227	0.5	1.01 (5.3%)
Feb 21	20.00	0.20	17	1.2	1.01 (5.3%)

10% Yield On PINC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	20.00	1.20	227	0.5	1.01 (5.3%)
Feb 21	20.00	0.20	17	1.2	1.01 (5.3%)

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

Want more examples? PIN Dividend | PINS Dividend