CMPR Dividend Type Payments
Although CMPR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cimpress plc - Ordinary Shares 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):
| Cimpress plc - Ordinary Shares (CMPR) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 28.45 | 81.00 | 70.45 | +2.70 | 235K | 50 | 1.7B |
CMPR Dividend-Like Income Using Covered Calls
With CMPR at 70.45, 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% | 2.11 | 0.6 |
| 5% | 3.52 | 1.0 |
| 10% | 7.05 | 1.9 |
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 CMPR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 85.00 | 2.15 | 137 | 1.6 | 4.00 (5.7%) | |
| Jul 17 | 100.00 | 1.80 | 228 | 0.8 | 19.00 (27.0%) | |
| 5% Yield On CMPR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 85.00 | 2.15 | 137 | 1.6 | 4.00 (5.7%) | |
| Jul 17 | 85.00 | 4.70 | 228 | 2.1 | 4.00 (5.7%) | |
| 10% Yield On CMPR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 17 | 85.00 | 4.70 | 228 | 2.1 | 4.00 (5.7%) | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | RZLT dividend | |
| 2. | SPY dividend | 7. | GLD dividend | 2. | AI dividend | |
| 3. | QQQ dividend | 8. | TLT dividend | 3. | IMNM dividend | |
| 4. | IWM dividend | 9. | SLV dividend | 4. | IOT dividend | |
| 5. | IBIT dividend | 10. | FXI dividend | 5. | PATH dividend | |
Want more examples? CMP Dividend | CMPS Dividend
