CW Dividend Type Payments

Curtiss-Wright Corporation dividend

Although CW has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Curtiss-Wright Corporation 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):

Curtiss-Wright Corporation (CW)
Bid Ask Last Change Volume P/E Market Cap
460.79 511.00 492.25 +1.62 296K 44 19B

CW Dividend-Like Income Using Covered Calls

With CW at 492.25, 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% 14.77 4.0
5% 24.61 6.7
10% 49.23 13.5

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 CW Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 510.00 6.20 18 28.9 0.00 (0.0%)
Sep 19 520.00 9.90 53 18.7 9.00 (1.8%)
5% Yield On CW Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 510.00 6.20 18 28.9 0.00 (0.0%)
Sep 19 520.00 9.90 53 18.7 9.00 (1.8%)
10% Yield On CW Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 510.00 6.20 18 28.9 0.00 (0.0%)
Sep 19 520.00 9.90 53 18.7 9.00 (1.8%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Aug 15 Expiration     Top 5 High Yield
1.SLV dividend 6.IBIT dividend   1.NET dividend
2.NVDA dividend 7.TSLA dividend   2.APLD dividend
3.GLD dividend 8.AMZN dividend   3.CAR dividend
4.IWM dividend 9.QQQ dividend   4.RDDT dividend
5.SPY dividend 10.INTC dividend   5.AUR dividend

Want more examples? CVY Dividend | CWB Dividend