GAIA Dividend Type Payments

Gaia, Inc. - Class A dividend

Although GAIA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Gaia, Inc. - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Gaia, Inc. - Class A (GAIA)
Bid Ask Last Change Volume P/E Market Cap
4.35 4.95 4.62 -0.08 24K - 0.1B

GAIA Dividend-Like Income Using Covered Calls

With GAIA at 4.62, 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% 0.14 0.0
5% 0.23 0.1
10% 0.46 0.1

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 GAIA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.15 173 0.1 2.55 (55.2%)
May 16 7.50 0.05 82 0.1 2.55 (55.2%)
5% Yield On GAIA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.15 173 0.1 2.55 (55.2%)

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