CRH Dividend Type Payments
Although CRH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CRH 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 Fri 4:16 PM ET):
| CRH PLC Ordinary Shares (CRH) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 87.11 | 96.32 | 92.89 | +0.16 | 4.6M | - | 63B |
CRH Dividend-Like Income Using Covered Calls
With CRH at 92.89, 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% | 2.79 | 0.8 |
| 5% | 4.64 | 1.3 |
| 10% | 9.29 | 2.5 |
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 CRH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 4 | 96.00 | 0.55 | 15 | 1.5 | 0.00 (0.0%) | |
| Oct 11 | 96.00 | 1.00 | 22 | 3.1 | 0.00 (0.0%) | |
| 5% Yield On CRH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 4 | 96.00 | 0.55 | 15 | 1.5 | 0.00 (0.0%) | |
| Oct 11 | 96.00 | 1.00 | 22 | 3.1 | 0.00 (0.0%) | |
| 10% Yield On CRH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 11 | 96.00 | 1.00 | 22 | 3.1 | 0.00 (0.0%) | |
| Nov 15 | 100.00 | 1.85 | 57 | 3.2 | 3.68 (4.0%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Oct 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SLV dividend | 1. | RLAY dividend | |
| 2. | IWM dividend | 7. | GLD dividend | 2. | LUNR dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | MARA dividend | |
| 4. | QQQ dividend | 9. | EEM dividend | 4. | CPRI dividend | |
| 5. | HYG dividend | 10. | AAPL dividend | 5. | MBLY dividend | |
Want more examples? CRESY Dividend | CRI Dividend
