HUBG Dividend Type Payments

Hub Group, Inc. - Class A dividend

Although HUBG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Hub Group, 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 Tue 11:15 AM ET):

Hub Group, Inc. - Class A (HUBG)
Bid Ask Last Change Volume P/E Market Cap
41.87 41.95 41.93 -0.30 111K 24 2.6B

HUBG Dividend-Like Income Using Covered Calls

With HUBG at 41.93, 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% 1.26 0.3
5% 2.10 0.6
10% 4.19 1.1

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 HUBG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 17 45.00 2.50 235 1.1 3.05 (7.3%)
Jul 18 45.00 1.00 144 0.7 3.05 (7.3%)
5% Yield On HUBG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 17 45.00 2.50 235 1.1 3.05 (7.3%)
Jul 18 45.00 1.00 144 0.7 3.05 (7.3%)

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Want more examples? HUBB Dividend | HUBS Dividend