ISSC Dividend Type Payments

Although ISSC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Innovative Solutions and Support, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 10:55 AM ET):

Innovative Solutions and Support, Inc. (ISSC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
11.25	11.40	11.26	-0.16	71K	29	0.2B

ISSC Dividend-Like Income Using Covered Calls

With ISSC at 11.26, 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%	0.34	0.1
5%	0.56	0.2
10%	1.13	0.3

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 ISSC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	12.50	0.70	165	0.4	1.10 (9.8%)
Feb 21	12.50	0.05	18	0.3	1.10 (9.8%)

5% Yield On ISSC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	12.50	0.70	165	0.4	1.10 (9.8%)
Feb 21	12.50	0.05	18	0.3	1.10 (9.8%)

10% Yield On ISSC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	12.50	0.70	165	0.4	1.10 (9.8%)
Mar 21	12.50	0.30	46	0.7	1.10 (9.8%)

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4.	IWM dividend	9.	KWEB dividend	4.	BILL dividend
5.	TSLA dividend	10.	GLD dividend	5.	SNAP dividend

Want more examples? ISRG Dividend | ISTB Dividend