BWXT Dividend Type Payments

Although BWXT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BWX Technologies, Inc. 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):

BWX Technologies, Inc. (BWXT)
Bid Ask Last Change Volume P/E Market Cap
174.50 180.00 176.43 +5.68 1.5M 51 16B

BWXT Dividend-Like Income Using Covered Calls

With BWXT at 176.43, 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% 5.29 1.5
5% 8.82 2.4
10% 17.64 4.8

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 BWXT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 180.00 18.10 148 12.2 0.00 (0.0%)
Jan 16 180.00 5.50 29 19.0 0.00 (0.0%)
5% Yield On BWXT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 180.00 18.10 148 12.2 0.00 (0.0%)
Jan 16 180.00 5.50 29 19.0 0.00 (0.0%)
10% Yield On BWXT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 180.00 18.10 148 12.2 0.00 (0.0%)
Jan 16 180.00 5.50 29 19.0 0.00 (0.0%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Jan 16 Expiration     Top 5 High Yield
1.NVDA dividend 6.AAPL dividend   1.OMER dividend
2.INTC dividend 7.NIO dividend   2.RARE dividend
3.TLT dividend 8.GLD dividend   3.SOC dividend
4.IBIT dividend 9.NFLX dividend   4.DAWN dividend
5.SLV dividend 10.ASST dividend   5.EOSE dividend

Want more examples? BWX Dividend | BWZ Dividend