ARCT Dividend Type Payments

Arcturus Therapeutics Holdings Inc. dividend

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

Arcturus Therapeutics Holdings Inc. (ARCT)
Bid Ask Last Change Volume P/E Market Cap
11.94 12.57 12.20 -0.10 291K - 0.3B

ARCT Dividend-Like Income Using Covered Calls

With ARCT at 12.20, 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% 0.37 0.1
5% 0.61 0.2
10% 1.22 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 ARCT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 15.00 0.05 47 0.1 2.43 (19.9%)
Dec 19 15.00 1.55 138 1.1 2.43 (19.9%)
5% Yield On ARCT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 20.00 0.25 47 0.5 7.43 (60.9%)
Dec 19 15.00 1.55 138 1.1 2.43 (19.9%)
10% Yield On ARCT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 20.00 0.25 47 0.5 7.43 (60.9%)
Dec 19 15.00 1.55 138 1.1 2.43 (19.9%)

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

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

Want more examples? ARCO Dividend | ARDX Dividend