CVGI Dividend Type Payments

Although CVGI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Commercial Vehicle Group, Inc. 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):

Commercial Vehicle Group, Inc. (CVGI)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
1.80	1.94	1.82	-0.12	178K	-	0.1B

CVGI Dividend-Like Income Using Covered Calls

With CVGI at 1.82, 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%	0.05	0.0
5%	0.09	0.0
10%	0.18	0.0

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 CVGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.10	144	0.1	0.56 (30.8%)
Mar 20	2.50	0.20	235	0.1	0.56 (30.8%)

5% Yield On CVGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.10	144	0.1	0.56 (30.8%)
Mar 20	2.50	0.20	235	0.1	0.56 (30.8%)

10% Yield On CVGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.10	144	0.1	0.56 (30.8%)
Mar 20	2.50	0.20	235	0.1	0.56 (30.8%)

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Want more examples? CVEO Dividend | CVGW Dividend