DELL Dividend

Although DELL has a dividend of 0.53 with an ex-dividend date of Jan 20, you can sell covered calls on Dell Technologies Inc. Class C to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Dell Technologies Inc. Class C (DELL)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
127.20	127.33	127.46	-1.78	3.0M	17	94B

DELL Dividend-Like Income Using Covered Calls

With DELL at 127.46, 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%	3.82	1.0
5%	6.37	1.7
10%	12.75	3.5

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 DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 2	127.00	2.02	5	33.8	0.00 (0.0%)
Feb 6	127.00	5.65	40	13.3	0.00 (0.0%)

5% Yield On DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 2	127.00	2.02	5	33.8	0.00 (0.0%)
Feb 6	127.00	5.65	40	13.3	0.00 (0.0%)

10% Yield On DELL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 2	127.00	2.02	5	33.8	0.00 (0.0%)
Feb 6	127.00	5.65	40	13.3	0.00 (0.0%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Jan 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	AAPL dividend	1.	DAWN dividend
2.	INTC dividend	7.	GLD dividend	2.	SOC dividend
3.	TLT dividend	8.	SPY dividend	3.	IMRX dividend
4.	IBIT dividend	9.	NIO dividend	4.	APLD dividend
5.	SLV dividend	10.	NFLX dividend	5.	RKLB dividend

Want more examples? DEI Dividend | DEM Dividend