RDUS Dividend

Although RDUS has a dividend of 0.19 with an ex-dividend date of Nov 12, you can sell covered calls on Radius Recycling, 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 Tue 4:16 PM ET):

Radius Recycling, Inc. - Class A (RDUS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
16.33	17.69	16.97	0.00	188K	-	0.5B

RDUS Dividend-Like Income Using Covered Calls

With RDUS at 16.97, 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%	0.51	0.1
5%	0.85	0.2
10%	1.70	0.5

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 RDUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	0.30	46	0.7	2.31 (13.6%)
May 16	20.00	1.35	193	0.7	2.31 (13.6%)

5% Yield On RDUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	0.30	46	0.7	2.31 (13.6%)
May 16	20.00	1.35	193	0.7	2.31 (13.6%)

10% Yield On RDUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	0.30	46	0.7	2.31 (13.6%)
May 16	20.00	1.35	193	0.7	2.31 (13.6%)

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

Top 10 Open Interest For Nov 15 Expiration				Top 5 High Yield
1.	FXI dividend	6.	TLT dividend	1.	SMCI dividend
2.	NVDA dividend	7.	IWM dividend	2.	UPST dividend
3.	SLV dividend	8.	EWZ dividend	3.	AFRM dividend
4.	SPY dividend	9.	TSLA dividend	4.	FSLY dividend
5.	EEM dividend	10.	QQQ dividend	5.	PINS dividend

Want more examples? RDOG Dividend | RDWR Dividend