APPF Dividend Type Payments
Although APPF has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AppFolio, 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 Tue 4:16 PM ET):
| AppFolio, Inc. - Class A (APPF) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 231.62 | 387.80 | 243.03 | +2.26 | 206K | 45 | 8.7B |
APPF Dividend-Like Income Using Covered Calls
With APPF at 243.03, 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% | 7.29 | 2.0 |
| 5% | 12.15 | 3.3 |
| 10% | 24.30 | 6.7 |
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:
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | CIFR dividend | |
| 2. | SLV dividend | 7. | AAPL dividend | 2. | PRAX dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | AEVA dividend | |
| 4. | TSLA dividend | 9. | IBIT dividend | 4. | RXRX dividend | |
| 5. | IWM dividend | 10. | QQQ dividend | 5. | CELC dividend | |
Want more examples? APP Dividend | APPN Dividend
