PFGC Dividend Type Payments

Although PFGC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Performance Food Group Company 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):

Performance Food Group Company (PFGC)
Bid Ask Last Change Volume P/E Market Cap
36.75 103.42 91.66 +1.16 487K 44 14B

PFGC Dividend-Like Income Using Covered Calls

With PFGC at 91.66, 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% 2.75 0.8
5% 4.58 1.3
10% 9.17 2.5

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 PFGC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 18 105.00 2.40 177 1.4 1.58 (1.7%)
Dec 18 105.00 3.50 360 1.0 1.58 (1.7%)
5% Yield On PFGC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 18 105.00 2.40 177 1.4 1.58 (1.7%)

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

 
Top 10 Open Interest For Jan 16 Expiration     Top 5 High Yield
1.NVDA dividend 6.SLV dividend   1.BHVN dividend
2.INTC dividend 7.GLD dividend   2.TMC dividend
3.TLT dividend 8.NIO dividend   3.DAWN dividend
4.IBIT dividend 9.NFLX dividend   4.TLRY dividend
5.AAPL dividend 10.SPY dividend   5.RARE dividend

Want more examples? PFG Dividend | PFI Dividend