NCLH Dividend Type Payments
Although NCLH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Norwegian Cruise Line Holdings Ltd. Ordinary Shares 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):
| Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 21.33 | 21.38 | 21.37 | +0.39 | 18.5M | 12 | 9.4B |
NCLH Dividend-Like Income Using Covered Calls
With NCLH at 21.37, 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% | 0.64 | 0.2 |
| 5% | 1.07 | 0.3 |
| 10% | 2.14 | 0.6 |
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 NCLH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 22.00 | 1.03 | 31 | 3.3 | 0.62 (2.9%) | |
| Aug 8 | 22.00 | 1.10 | 38 | 2.9 | 0.62 (2.9%) | |
| 5% Yield On NCLH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 22.00 | 1.03 | 31 | 3.3 | 0.62 (2.9%) | |
| Aug 8 | 22.00 | 1.10 | 38 | 2.9 | 0.62 (2.9%) | |
| 10% Yield On NCLH Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 22.00 | 1.03 | 31 | 3.3 | 0.62 (2.9%) | |
| Aug 8 | 22.00 | 1.10 | 38 | 2.9 | 0.62 (2.9%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | COGT dividend | |
| 2. | SLV dividend | 7. | AAPL dividend | 2. | RUN dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | OSCR dividend | |
| 4. | IWM dividend | 9. | FXI dividend | 4. | EOSE dividend | |
| 5. | TSLA dividend | 10. | QQQ dividend | 5. | ETSY dividend | |
Want more examples? NBTB Dividend | NCMI Dividend
