CSGS Dividend Type Payments

CSG Systems International, Inc. dividend

Although CSGS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CSG Systems International, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:20 PM ET):

CSG Systems International, Inc. (CSGS)
Bid Ask Last Change Volume P/E Market Cap
78.60 78.64 78.61 +9.87 2.2M 24 2.0B

CSGS Dividend-Like Income Using Covered Calls

With CSGS at 78.61, 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% 2.36 0.6
5% 3.93 1.1
10% 7.86 2.2

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:

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Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.IBIT dividend 6.INTC dividend   1.ALGN dividend
2.KVUE dividend 7.TLT dividend   2.GHRS dividend
3.NVDA dividend 8.EEM dividend   3.IREN dividend
4.SLV dividend 9.HYG dividend   4.TERN dividend
5.GLD dividend 10.QQQ dividend   5.ENVX dividend

Want more examples? CSGP Dividend | CSIQ Dividend