UHS Dividend Type Payments

Although UHS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Universal Health Services, 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):

Universal Health Services, Inc. (UHS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
214.00	215.17	215.17	-8.83	1.5M	16	15B

UHS Dividend-Like Income Using Covered Calls

With UHS at 215.17, 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%	6.46	1.8
5%	10.76	2.9
10%	21.52	5.9

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 UHS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	220.00	10.20	44	23.2	4.83 (2.2%)
Oct 18	220.00	3.20	16	20.0	4.83 (2.2%)

5% Yield On UHS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	220.00	10.20	44	23.2	4.83 (2.2%)
Oct 18	220.00	3.20	16	20.0	4.83 (2.2%)

10% Yield On UHS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 15	220.00	10.20	44	23.2	4.83 (2.2%)
Oct 18	220.00	3.20	16	20.0	4.83 (2.2%)

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

Top 10 Open Interest For Oct 18 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	SMR dividend
2.	IWM dividend	7.	SLV dividend	2.	APLD dividend
3.	SPY dividend	8.	SMCI dividend	3.	UPST dividend
4.	FXI dividend	9.	KWEB dividend	4.	FUTU dividend
5.	QQQ dividend	10.	HYG dividend	5.	BYND dividend

Want more examples? UHAL Dividend | UHT Dividend