CLNY Dividend

Colony Capital, Inc dividend

Although CLNY has a dividend of 0.11 with an ex-dividend date of Dec 28, you can sell covered calls on Colony Capital, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 10:20 AM ET):

Colony Capital, Inc (CLNY)
Bid Ask Last Change Volume P/E Market Cap
6.03 6.04 6.04 -0.04 336K - 0.0B

CLNY Dividend-Like Income Using Covered Calls

With CLNY at 6.04, 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% 0.18 0.0
5% 0.30 0.1
10% 0.60 0.2

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 CLNY Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 7.50 0.05 96 0.1 1.46 (24.2%)
Jun 21 7.50 0.15 194 0.1 1.46 (24.2%)

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Top 10 Open Interest For Dec 21 Expiration     Top 5 High Yield
1.BHR dividend 6.WMS dividend   1. dividend
2.WIN dividend 7.OFC dividend   2. dividend
3.OAK dividend 8.HYD dividend   3. dividend
4.HTZ dividend 9.BLCN dividend   4. dividend
5.BJK dividend 10.WRB dividend   5. dividend

Want more examples? CLNE Dividend | CLR Dividend