CMPR Dividend Type Payments
Although CMPR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cimpress plc - 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 10:25 AM ET):
Cimpress plc - Ordinary Shares (CMPR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
41.20 | 41.49 | 41.37 | -1.32 | 18K | 6.5 | 1.1B |
CMPR Dividend-Like Income Using Covered Calls
With CMPR at 41.37, 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% | 1.24 | 0.3 |
5% | 2.07 | 0.6 |
10% | 4.14 | 1.1 |
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 CMPR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 45.00 | 0.50 | 17 | 2.9 | 3.51 (8.5%) | |
Oct 17 | 45.00 | 3.20 | 171 | 1.9 | 3.51 (8.5%) |
5% Yield On CMPR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 45.00 | 0.50 | 17 | 2.9 | 3.51 (8.5%) | |
Oct 17 | 45.00 | 3.20 | 171 | 1.9 | 3.51 (8.5%) |
10% Yield On CMPR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 45.00 | 0.50 | 17 | 2.9 | 3.51 (8.5%) | |
Oct 17 | 45.00 | 3.20 | 171 | 1.9 | 3.51 (8.5%) |
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Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | GLD dividend | 1. | ZETA dividend | |
2. | SPY dividend | 7. | IWM dividend | 2. | ENVX dividend | |
3. | TLT dividend | 8. | FXI dividend | 3. | RDDT dividend | |
4. | SLV dividend | 9. | SNAP dividend | 4. | RGTI dividend | |
5. | QQQ dividend | 10. | TSLA dividend | 5. | XYZ dividend |
Want more examples? CMP Dividend | CMPS Dividend