RUN Dividend Type Payments

Sunrun Inc. dividend

Although RUN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Sunrun Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 2:25 PM ET):

Sunrun Inc. (RUN)
Bid Ask Last Change Volume P/E Market Cap
10.23 10.24 10.23 -0.68 7.3M - 2.4B

RUN Dividend-Like Income Using Covered Calls

With RUN at 10.23, 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% 0.31 0.1
5% 0.51 0.1
10% 1.02 0.3

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 RUN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 11.00 0.55 22 2.5 0.76 (7.4%)
Dec 13 11.00 0.68 29 2.3 0.76 (7.4%)
5% Yield On RUN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 11.00 0.55 22 2.5 0.76 (7.4%)
Dec 13 11.00 0.68 29 2.3 0.76 (7.4%)
10% Yield On RUN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 11.00 0.55 22 2.5 0.76 (7.4%)
Dec 13 11.00 0.68 29 2.3 0.76 (7.4%)

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Top 10 Open Interest For Dec 20 Expiration     Top 5 High Yield
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4.FXI dividend 9.TLT dividend   4.LUNR dividend
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