DELL Dividend Type Payments

Although DELL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Dell Technologies Inc. Class C 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):

Dell Technologies Inc. Class C (DELL)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
111.25	111.35	111.27	-2.36	18.8M	18	79B

DELL Dividend-Like Income Using Covered Calls

With DELL at 111.27, 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%	3.34	0.9
5%	5.56	1.5
10%	11.13	3.0

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 DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 3	111.00	5.65	35	15.1	0.00 (0.0%)
Jun 6	111.00	2.76	8	30.1	0.00 (0.0%)

5% Yield On DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 3	111.00	5.65	35	15.1	0.00 (0.0%)
Jun 6	111.00	2.76	8	30.1	0.00 (0.0%)

10% Yield On DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 3	111.00	5.65	35	15.1	0.00 (0.0%)
Jun 6	111.00	2.76	8	30.1	0.00 (0.0%)

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Want more examples? DEI Dividend | DEM Dividend