CEP Dividend Type Payments
Although CEP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cantor Equity Partners, Inc. - Class A ordinary shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 10:20 AM ET):
| Cantor Equity Partners, Inc. - Class A ordinary shares (CEP) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 21.50 | 21.90 | 21.56 | +0.38 | 43K | - | 0.2B |
CEP Dividend-Like Income Using Covered Calls
With CEP at 21.56, 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% | 0.65 | 0.2 |
| 5% | 1.08 | 0.3 |
| 10% | 2.16 | 0.6 |
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 CEP Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 22.50 | 0.05 | 3 | 1.7 | 0.60 (2.8%) | |
| Dec 19 | 22.50 | 2.15 | 66 | 3.3 | 0.60 (2.8%) | |
| 5% Yield On CEP Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 22.50 | 0.05 | 3 | 1.7 | 0.60 (2.8%) | |
| Dec 19 | 22.50 | 2.15 | 66 | 3.3 | 0.60 (2.8%) | |
| 10% Yield On CEP Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 22.50 | 0.05 | 3 | 1.7 | 0.60 (2.8%) | |
| Dec 19 | 22.50 | 2.15 | 66 | 3.3 | 0.60 (2.8%) | |
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| Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | INTC dividend | 1. | ABAT dividend | |
| 2. | IBIT dividend | 7. | SLV dividend | 2. | TMQ dividend | |
| 3. | SPY dividend | 8. | AMZN dividend | 3. | HOND dividend | |
| 4. | GLD dividend | 9. | QQQ dividend | 4. | LAC dividend | |
| 5. | TSLA dividend | 10. | OPEN dividend | 5. | NB dividend | |
Want more examples? CENX Dividend | CERS Dividend
