NXPI Dividend Type Payments

NXP Semiconductors N.V. dividend

Although NXPI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on NXP Semiconductors N.V. 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):

NXP Semiconductors N.V. (NXPI)
Bid Ask Last Change Volume P/E Market Cap
210.10 212.05 210.02 +11.06 3.7M 22 50B

NXPI Dividend-Like Income Using Covered Calls

With NXPI at 210.02, 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% 6.30 1.7
5% 10.50 2.9
10% 21.00 5.8

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 NXPI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 6 212.50 1.40 3 46.7 0.45 (0.2%)
Jun 13 215.00 2.90 10 29.0 2.95 (1.4%)
5% Yield On NXPI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 6 212.50 1.40 3 46.7 0.45 (0.2%)
Jun 13 215.00 2.90 10 29.0 2.95 (1.4%)
10% Yield On NXPI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 6 212.50 1.40 3 46.7 0.45 (0.2%)
Jun 13 215.00 2.90 10 29.0 2.95 (1.4%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Jun 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.IWM dividend   1.PTON dividend
2.SPY dividend 7.EEM dividend   2.IOT dividend
3.SLV dividend 8.TSLA dividend   3.ALT dividend
4.QQQ dividend 9.FXI dividend   4.RXRX dividend
5.GLD dividend 10.TLT dividend   5.RCAT dividend

Want more examples? NX Dividend | NXRT Dividend