EXPD Dividend Type Payments

Expeditors International of Washington, Inc. dividend

Although EXPD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Expeditors International of Washington, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

Expeditors International of Washington, Inc. (EXPD)
Bid Ask Last Change Volume P/E Market Cap
110.72 121.61 114.96 +1.05 1.5M 23 16B

EXPD Dividend-Like Income Using Covered Calls

With EXPD at 114.96, 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% 3.45 0.9
5% 5.75 1.6
10% 11.50 3.1

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 EXPD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 125.00 4.20 197 2.1 3.39 (2.9%)
Aug 16 125.00 2.00 106 1.9 3.39 (2.9%)
5% Yield On EXPD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 125.00 4.20 197 2.1 3.39 (2.9%)
Aug 16 125.00 2.00 106 1.9 3.39 (2.9%)

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Want more examples? EXP Dividend | EXPE Dividend