CBK Dividend Type Payments

CHRISTOPHER & BANKS dividend

Although CBK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on CHRISTOPHER & BANKS to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 9:55 AM ET):

CHRISTOPHER & BANKS (CBK)
Bid Ask Last Change Volume P/E Market Cap
0.89 0.94 0.91 -0.02 1K - 0.0B

CBK Dividend-Like Income Using Covered Calls

With CBK at 0.91, here's a table showing how big the annual "dividend" (ie. 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% 0.03 0.0
5% 0.05 0.0
10% 0.09 0.0

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 CBK Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 1.00 0.05 128 0.0 0.06 (6.6%)
5% Yield On CBK Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 1.00 0.05 128 0.0 0.06 (6.6%)
10% Yield On CBK Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 1.00 0.05 128 0.0 0.06 (6.6%)

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