SLRC Dividend Type Payments

Although SLRC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SLR Investment Corp. - Closed End Fund to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

SLR Investment Corp. - Closed End Fund (SLRC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
17.00	17.28	17.15	-0.06	216K	10	0.9B

SLRC Dividend-Like Income Using Covered Calls

With SLRC at 17.15, 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%	0.51	0.1
5%	0.86	0.2
10%	1.72	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 SLRC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	17.50	0.20	50	0.4	0.22 (1.3%)
Sep 19	17.50	0.35	176	0.2	0.22 (1.3%)

5% Yield On SLRC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	17.50	0.20	50	0.4	0.22 (1.3%)
Jun 20	17.50	0.25	85	0.3	0.22 (1.3%)

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4.	ASHR dividend	9.	IWM dividend	4.	ACHR dividend
5.	QQQ dividend	10.	TSLA dividend	5.	X dividend

Want more examples? SLQT Dividend | SLS Dividend