UHAL Dividend Type Payments

U-Haul Holding Company dividend

Although UHAL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on U-Haul Holding Company 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):

U-Haul Holding Company (UHAL)
Bid Ask Last Change Volume P/E Market Cap
59.66 66.64 62.86 -0.42 94K 28 12B

UHAL Dividend-Like Income Using Covered Calls

With UHAL at 62.86, 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% 1.89 0.5
5% 3.14 0.9
10% 6.29 1.7

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:

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

 
 
Top 10 Open Interest For Jun 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.IWM dividend   1.IOT dividend
2.SPY dividend 7.EEM dividend   2.AVGO dividend
3.SLV dividend 8.TSLA dividend   3.RXRX dividend
4.QQQ dividend 9.FXI dividend   4.LULU dividend
5.GLD dividend 10.TLT dividend   5.ALT dividend

Want more examples? UGP Dividend | UHS Dividend