CACI Dividend Type Payments
Although CACI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CACI International, 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 Wed 4:16 PM ET):
| CACI International, Inc. Class A (CACI) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 466.26 | 594.85 | 562.18 | -10.31 | 176K | 26 | 13B |
CACI Dividend-Like Income Using Covered Calls
With CACI at 562.18, 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% | 16.87 | 4.6 |
| 5% | 28.11 | 7.7 |
| 10% | 56.22 | 15.4 |
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 CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 600.00 | 14.00 | 52 | 26.9 | 5.15 (0.9%) | |
| Nov 21 | 600.00 | 4.50 | 24 | 18.8 | 5.15 (0.9%) | |
| 5% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 600.00 | 14.00 | 52 | 26.9 | 5.15 (0.9%) | |
| Nov 21 | 600.00 | 4.50 | 24 | 18.8 | 5.15 (0.9%) | |
| 10% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 600.00 | 14.00 | 52 | 26.9 | 5.15 (0.9%) | |
| Nov 21 | 600.00 | 4.50 | 24 | 18.8 | 5.15 (0.9%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | INTC dividend | 1. | IREN dividend | |
| 2. | KVUE dividend | 7. | TLT dividend | 2. | GHRS dividend | |
| 3. | NVDA dividend | 8. | EEM dividend | 3. | ENVX dividend | |
| 4. | SLV dividend | 9. | HYG dividend | 4. | JOBY dividend | |
| 5. | GLD dividend | 10. | QQQ dividend | 5. | SOUN dividend | |
Want more examples? CACC Dividend | CADE Dividend
