EXPE Dividend Type Payments
Although EXPE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Expedia Group, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 2:05 PM ET):
Expedia Group, Inc. (EXPE) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
166.71 | 166.83 | 166.77 | +10.11 | 2.0M | 18 | 20B |
EXPE Dividend-Like Income Using Covered Calls
With EXPE at 166.77, 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% | 5.00 | 1.4 |
5% | 8.34 | 2.3 |
10% | 16.68 | 4.6 |
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 EXPE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jun 6 | 170.00 | 4.45 | 26 | 17.1 | 3.17 (1.9%) | |
Jun 13 | 170.00 | 4.80 | 33 | 14.5 | 3.17 (1.9%) |
5% Yield On EXPE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jun 6 | 170.00 | 4.45 | 26 | 17.1 | 3.17 (1.9%) | |
Jun 13 | 170.00 | 4.80 | 33 | 14.5 | 3.17 (1.9%) |
10% Yield On EXPE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jun 6 | 170.00 | 4.45 | 26 | 17.1 | 3.17 (1.9%) | |
Jun 13 | 170.00 | 4.80 | 33 | 14.5 | 3.17 (1.9%) |
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Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | TSLA dividend | 1. | DOCS dividend | |
2. | SPY dividend | 7. | SLV dividend | 2. | ZI dividend | |
3. | TLT dividend | 8. | FXI dividend | 3. | LUNR dividend | |
4. | IWM dividend | 9. | GLD dividend | 4. | CLBT dividend | |
5. | QQQ dividend | 10. | KWEB dividend | 5. | DVA dividend |
Want more examples? EXPD Dividend | EXPI Dividend