SEIC Dividend Type Payments

SEI Investments Company dividend

Although SEIC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SEI Investments Company to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 11:00 AM ET):

SEI Investments Company (SEIC)
Bid Ask Last Change Volume P/E Market Cap
81.44 81.62 81.57 +0.92 104K 19 10B

SEIC Dividend-Like Income Using Covered Calls

With SEIC at 81.57, 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% 2.45 0.7
5% 4.08 1.1
10% 8.16 2.2

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 SEIC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 85.00 2.90 219 1.3 3.38 (4.1%)
5% Yield On SEIC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 85.00 2.90 219 1.3 3.38 (4.1%)

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