UHT Dividend Type Payments
Although UHT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Universal Health Realty Income Trust to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
Universal Health Realty Income Trust (UHT) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
37.52 | 40.00 | 38.71 | +0.68 | 64K | 28 | 0.5B |
UHT Dividend-Like Income Using Covered Calls
With UHT at 38.71, 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% | 1.16 | 0.3 |
5% | 1.94 | 0.5 |
10% | 3.87 | 1.1 |
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 UHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 40.00 | 0.35 | 43 | 0.8 | 0.00 (0.0%) | |
Dec 19 | 40.00 | 0.95 | 134 | 0.7 | 0.00 (0.0%) |
5% Yield On UHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 40.00 | 0.35 | 43 | 0.8 | 0.00 (0.0%) | |
Dec 19 | 40.00 | 0.95 | 134 | 0.7 | 0.00 (0.0%) |
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Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | GLD dividend | 1. | CAPR dividend | |
2. | SLV dividend | 7. | TSLA dividend | 2. | CORZ dividend | |
3. | SPY dividend | 8. | AMZN dividend | 3. | LQDA dividend | |
4. | IWM dividend | 9. | INTC dividend | 4. | VG dividend | |
5. | IBIT dividend | 10. | QQQ dividend | 5. | RCAT dividend |
Want more examples? UHS Dividend | UIS Dividend