GPOR Dividend Type Payments

Gulfport Energy Corporation Common Shares dividend

Although GPOR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Gulfport Energy Corporation Common Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 10:55 AM ET):

Gulfport Energy Corporation Common Shares (GPOR)
Bid Ask Last Change Volume P/E Market Cap
192.02 193.22 192.85 +5.76 49K - 3.6B

GPOR Dividend-Like Income Using Covered Calls

With GPOR at 192.85, 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% 5.79 1.6
5% 9.64 2.6
10% 19.29 5.3

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 GPOR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 195.00 13.50 115 11.7 1.78 (0.9%)
Apr 17 195.00 11.00 87 12.6 1.78 (0.9%)
5% Yield On GPOR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 195.00 13.50 115 11.7 1.78 (0.9%)
Apr 17 195.00 11.00 87 12.6 1.78 (0.9%)
10% Yield On GPOR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 195.00 13.50 115 11.7 1.78 (0.9%)
Apr 17 195.00 11.00 87 12.6 1.78 (0.9%)

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