COHU Dividend Type Payments
Although COHU has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cohu, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 10:15 AM ET):
Cohu, Inc. (COHU) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
21.11 | 21.20 | 21.16 | 0.00 | 19K | - | 1.0B |
COHU Dividend-Like Income Using Covered Calls
With COHU at 21.16, 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% | 0.63 | 0.2 |
5% | 1.06 | 0.3 |
10% | 2.12 | 0.6 |
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 COHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 22.50 | 0.60 | 32 | 1.9 | 1.30 (6.1%) | |
Nov 21 | 22.50 | 1.15 | 67 | 1.7 | 1.30 (6.1%) |
5% Yield On COHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 22.50 | 0.60 | 32 | 1.9 | 1.30 (6.1%) | |
Nov 21 | 22.50 | 1.15 | 67 | 1.7 | 1.30 (6.1%) |
10% Yield On COHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 22.50 | 0.60 | 32 | 1.9 | 1.30 (6.1%) | |
Nov 21 | 22.50 | 1.15 | 67 | 1.7 | 1.30 (6.1%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | AIV dividend | |
2. | SPY dividend | 7. | QQQ dividend | 2. | QURE dividend | |
3. | PCG dividend | 8. | IWM dividend | 3. | CBRL dividend | |
4. | TSLA dividend | 9. | SLV dividend | 4. | AVDL dividend | |
5. | IBIT dividend | 10. | FXI dividend | 5. | OPEN dividend |
Want more examples? COHR Dividend | COLB Dividend