TRVG Dividend Type Payments
Although TRVG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on trivago N.V. - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 9:50 AM ET):
trivago N.V. - American Depositary Shares (TRVG) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
2.26 | 2.30 | 2.26 | -0.06 | 18K | - | 0.0B |
TRVG Dividend-Like Income Using Covered Calls
With TRVG at 2.26, 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% | 0.07 | 0.0 |
5% | 0.11 | 0.0 |
10% | 0.23 | 0.1 |
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 TRVG Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Apr 17 | 2.50 | 0.05 | 120 | 0.0 | 0.20 (8.8%) |
5% Yield On TRVG Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Apr 17 | 2.50 | 0.05 | 120 | 0.0 | 0.20 (8.8%) |
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Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
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1. | NVDA dividend | 6. | EEM dividend | 1. | RGTI dividend | |
2. | SPY dividend | 7. | IWM dividend | 2. | SERV dividend | |
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Want more examples? TRV Dividend | TRVN Dividend