FOXA Dividend Type Payments

Twenty-First Century Fox, Inc dividend

Although FOXA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Twenty-First Century Fox, 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):

Twenty-First Century Fox, Inc (FOXA)
Bid Ask Last Change Volume P/E Market Cap
48.67 49.13 49.06 -0.08 10.2M - 0.0B

FOXA Dividend-Like Income Using Covered Calls

With FOXA at 49.06, 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% 1.47 0.4
5% 2.45 0.7
10% 4.91 1.3

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 FOXA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 50.00 0.20 36 0.6 0.87 (1.8%)
Feb 15 50.00 0.35 64 0.5 0.87 (1.8%)
5% Yield On FOXA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 49.00 0.75 36 1.7 0.00 (0.0%)
Feb 15 49.00 0.60 64 0.7 0.00 (0.0%)
10% Yield On FOXA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 49.00 0.75 36 1.7 0.00 (0.0%)

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