RBBN Dividend Type Payments

Although RBBN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Ribbon Communications Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:10 PM ET):

Ribbon Communications Inc. (RBBN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
2.81	2.82	2.82	+0.02	384K	-	0.5B

RBBN Dividend-Like Income Using Covered Calls

With RBBN at 2.82, 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%	0.08	0.0
5%	0.14	0.0
10%	0.28	0.1

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 RBBN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	5.00	0.10	150	0.1	2.18 (77.3%)

5% Yield On RBBN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	5.00	0.10	150	0.1	2.18 (77.3%)

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

Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SPY dividend	1.	ESTC dividend
2.	IBIT dividend	7.	QQQ dividend	2.	IMNM dividend
3.	KVUE dividend	8.	SLV dividend	3.	RZLT dividend
4.	TSLA dividend	9.	TLT dividend	4.	TTMI dividend
5.	NFLX dividend	10.	INTC dividend	5.	PHAT dividend

Want more examples? RBA Dividend | RBC Dividend