HRZN Dividend

Although HRZN has a dividend of 0.11 with an ex-dividend date of Jan 16, you can sell covered calls on Horizon Technology Finance Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

Horizon Technology Finance Corporation (HRZN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
6.28	6.33	6.33	+0.02	459K	-	0.3B

HRZN Dividend-Like Income Using Covered Calls

With HRZN at 6.33, 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%	0.19	0.1
5%	0.32	0.1
10%	0.63	0.2

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:

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Top 10 Open Interest For Jan 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	BHVN dividend
2.	INTC dividend	7.	GLD dividend	2.	TMC dividend
3.	TLT dividend	8.	NIO dividend	3.	DAWN dividend
4.	IBIT dividend	9.	NFLX dividend	4.	TLRY dividend
5.	AAPL dividend	10.	SPY dividend	5.	RARE dividend

Want more examples? HRTX Dividend | HSBC Dividend