CSL Dividend

Although CSL has a dividend of 1.10 with an ex-dividend date of Aug 19, you can sell covered calls on Carlisle Companies Incorporated 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):

Carlisle Companies Incorporated (CSL)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
368.97	402.81	381.42	-9.78	394K	22	17B

CSL Dividend-Like Income Using Covered Calls

With CSL at 381.42, 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%	11.44	3.1
5%	19.07	5.2
10%	38.14	10.4

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 CSL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	410.00	5.50	64	8.6	7.19 (1.9%)
Dec 19	410.00	15.40	127	12.1	7.19 (1.9%)

5% Yield On CSL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	410.00	5.50	64	8.6	7.19 (1.9%)
Dec 19	410.00	15.40	127	12.1	7.19 (1.9%)

10% Yield On CSL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	410.00	15.40	127	12.1	7.19 (1.9%)
Mar 20	410.00	24.80	218	11.4	7.19 (1.9%)

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Top 10 Open Interest For Sep 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	ATYR dividend
2.	PCG dividend	7.	FXI dividend	2.	IREN dividend
3.	IWM dividend	8.	QQQ dividend	3.	KSS dividend
4.	EEM dividend	9.	IBIT dividend	4.	VKTX dividend
5.	SPY dividend	10.	KWEB dividend	5.	BBAI dividend

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