TNET Dividend Type Payments

TriNet Group, Inc. dividend

Although TNET has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on TriNet Group, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 12:55 PM ET):

TriNet Group, Inc. (TNET)
Bid Ask Last Change Volume P/E Market Cap
65.05 65.18 65.13 -0.51 135K 20 3.2B

TNET Dividend-Like Income Using Covered Calls

With TNET at 65.13, 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% 1.95 0.5
5% 3.26 0.9
10% 6.51 1.8

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 TNET Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 65.00 3.70 30 11.7 0.00 (0.0%)
Sep 19 65.00 4.50 65 6.6 0.00 (0.0%)
5% Yield On TNET Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 65.00 3.70 30 11.7 0.00 (0.0%)
Sep 19 65.00 4.50 65 6.6 0.00 (0.0%)
10% Yield On TNET Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 65.00 3.70 30 11.7 0.00 (0.0%)
Sep 19 65.00 4.50 65 6.6 0.00 (0.0%)

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

 
 
Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.IWM dividend   1.CELC dividend
2.SLV dividend 7.GLD dividend   2.MNMD dividend
3.SPY dividend 8.TLT dividend   3.PRAX dividend
4.TSLA dividend 9.QQQ dividend   4.AEVA dividend
5.AAPL dividend 10.AMZN dividend   5.WAL dividend

Want more examples? TNDM Dividend | TNK Dividend