EXLS Dividend Type Payments
Although EXLS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ExlService Holdings, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 10:20 AM ET):
ExlService Holdings, Inc. (EXLS) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
44.60 | 44.66 | 44.64 | +1.56 | 184K | 38 | 6.9B |
EXLS Dividend-Like Income Using Covered Calls
With EXLS at 44.64, 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% | 1.34 | 0.4 |
5% | 2.23 | 0.6 |
10% | 4.46 | 1.2 |
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:
3% Yield On EXLS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 45.00 | 1.40 | 73 | 1.9 | 0.34 (0.8%) | |
Apr 17 | 45.00 | 2.95 | 163 | 1.8 | 0.34 (0.8%) |
5% Yield On EXLS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 45.00 | 1.40 | 73 | 1.9 | 0.34 (0.8%) | |
Apr 17 | 45.00 | 2.95 | 163 | 1.8 | 0.34 (0.8%) |
10% Yield On EXLS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 45.00 | 1.40 | 73 | 1.9 | 0.34 (0.8%) | |
Apr 17 | 45.00 | 2.95 | 163 | 1.8 | 0.34 (0.8%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Nov 15 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | FXI dividend | 6. | EEM dividend | 1. | UPST dividend | |
2. | NVDA dividend | 7. | TLT dividend | 2. | PINS dividend | |
3. | SLV dividend | 8. | TSLA dividend | 3. | RIVN dividend | |
4. | SPY dividend | 9. | EWZ dividend | 4. | FSLY dividend | |
5. | IWM dividend | 10. | QQQ dividend | 5. | IOVA dividend |
Want more examples? EXK Dividend | EXP Dividend