HAIN Dividend Type Payments
Although HAIN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on The Hain Celestial Group, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 3:40 PM ET):
| The Hain Celestial Group, Inc. (HAIN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 1.17 | 1.18 | 1.18 | +0.03 | 1.2M | - | 0.1B |
HAIN Dividend-Like Income Using Covered Calls
With HAIN at 1.18, 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% | 0.04 | 0.0 |
| 5% | 0.06 | 0.0 |
| 10% | 0.12 | 0.0 |
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 HAIN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 1.50 | 0.20 | 148 | 0.1 | 0.32 (27.1%) | |
| Feb 20 | 1.50 | 0.10 | 64 | 0.2 | 0.32 (27.1%) | |
| 5% Yield On HAIN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 1.50 | 0.20 | 148 | 0.1 | 0.32 (27.1%) | |
| Feb 20 | 1.50 | 0.10 | 64 | 0.2 | 0.32 (27.1%) | |
| 10% Yield On HAIN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 1.50 | 0.20 | 148 | 0.1 | 0.32 (27.1%) | |
| Feb 20 | 1.50 | 0.10 | 64 | 0.2 | 0.32 (27.1%) | |
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| Top 10 Open Interest For Jan 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | AAPL dividend | 1. | BW dividend | |
| 2. | INTC dividend | 7. | NIO dividend | 2. | RARE dividend | |
| 3. | TLT dividend | 8. | GLD dividend | 3. | DAWN dividend | |
| 4. | IBIT dividend | 9. | NFLX dividend | 4. | EOSE dividend | |
| 5. | SLV dividend | 10. | ASST dividend | 5. | DJT dividend | |
Want more examples? HAIL Dividend | HAL Dividend
