NMRK Dividend

Although NMRK has a dividend of 0.03 with an ex-dividend date of Nov 17, you can sell covered calls on Newmark 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 Fri 4:16 PM ET):

Newmark Group, Inc. - Class A (NMRK)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
16.10	18.42	16.42	-0.11	1.1M	30	2.9B

NMRK Dividend-Like Income Using Covered Calls

With NMRK at 16.42, 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%	0.49	0.1
5%	0.82	0.2
10%	1.64	0.4

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 NMRK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Mar 20	20.00	0.40	127	0.3	1.58 (9.6%)

5% Yield On NMRK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Mar 20	20.00	0.40	127	0.3	1.58 (9.6%)

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Want more examples? NMR Dividend | NNBR Dividend