CACI Dividend Type Payments
Although CACI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CACI International, Inc. Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 12:30 PM ET):
| CACI International, Inc. Class A (CACI) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 511.19 | 513.43 | 512.49 | +4.43 | 25K | 23 | 11B |
CACI Dividend-Like Income Using Covered Calls
With CACI at 512.49, 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% | 15.37 | 4.2 |
| 5% | 25.62 | 7.0 |
| 10% | 51.25 | 14.0 |
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 CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 520.00 | 3.10 | 4 | 77.5 | 6.57 (1.3%) | |
| Dec 19 | 520.00 | 26.30 | 67 | 39.3 | 6.57 (1.3%) | |
| 5% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 520.00 | 3.10 | 4 | 77.5 | 6.57 (1.3%) | |
| Dec 19 | 520.00 | 26.30 | 67 | 39.3 | 6.57 (1.3%) | |
| 10% Yield On CACI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 520.00 | 3.10 | 4 | 77.5 | 6.57 (1.3%) | |
| Dec 19 | 520.00 | 26.30 | 67 | 39.3 | 6.57 (1.3%) | |
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| Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SLV dividend | 1. | ABAT dividend | |
| 2. | IBIT dividend | 7. | INTC dividend | 2. | AREC dividend | |
| 3. | GLD dividend | 8. | AMZN dividend | 3. | KURA dividend | |
| 4. | SPY dividend | 9. | QQQ dividend | 4. | ARCT dividend | |
| 5. | TSLA dividend | 10. | IWM dividend | 5. | TMQ dividend | |
Want more examples? CACC Dividend | CADE Dividend
