EXPD Dividend Type Payments

Expeditors Intl of Washington, Inc dividend

Although EXPD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Expeditors Intl 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 Thu 3:35 PM ET):

Expeditors Intl of Washington, Inc (EXPD)
Bid Ask Last Change Volume P/E Market Cap
70.68 70.69 70.69 -1.57 791K - 0.0B

EXPD Dividend-Like Income Using Covered Calls

With EXPD at 70.69, 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% 2.12 0.6
5% 3.53 1.0
10% 7.07 1.9

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
Jan 18 75.00 0.65 37 1.8 4.31 (6.1%)
Feb 15 75.00 1.20 65 1.8 4.31 (6.1%)
5% Yield On EXPD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 75.00 0.65 37 1.8 4.31 (6.1%)
Feb 15 75.00 1.20 65 1.8 4.31 (6.1%)
10% Yield On EXPD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 17 75.00 3.20 156 2.1 4.31 (6.1%)

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Want more examples? EXP Dividend | EXPE Dividend