SERV Dividend Type Payments

Although SERV has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Serve Robotics Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

Serve Robotics Inc. (SERV)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
10.57	10.65	10.59	+0.15	3.4M	-	0.6B

SERV Dividend-Like Income Using Covered Calls

With SERV at 10.59, 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%	0.32	0.1
5%	0.53	0.1
10%	1.06	0.3

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 SERV Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 5	11.00	1.10	30	3.7	0.35 (3.3%)
Sep 12	11.00	1.20	37	3.2	0.35 (3.3%)

5% Yield On SERV Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 5	11.00	1.10	30	3.7	0.35 (3.3%)
Sep 12	11.00	1.20	37	3.2	0.35 (3.3%)

10% Yield On SERV Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 5	11.00	1.10	30	3.7	0.35 (3.3%)
Sep 12	11.00	1.20	37	3.2	0.35 (3.3%)

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Top 10 Open Interest For Aug 15 Expiration				Top 5 High Yield
1.	SLV dividend	6.	GLD dividend	1.	AAOI dividend
2.	NVDA dividend	7.	AMZN dividend	2.	WULF dividend
3.	IWM dividend	8.	TSLA dividend	3.	SG dividend
4.	SPY dividend	9.	INTC dividend	4.	SERV dividend
5.	IBIT dividend	10.	QQQ dividend	5.	PCT dividend

Want more examples? SENS Dividend | SES Dividend