FRT Dividend
Although FRT has a dividend of 1.13 with an ex-dividend date of Jan 2, you can sell covered calls on Federal Realty Investment Trust to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):
| Federal Realty Investment Trust (FRT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 94.65 | 100.36 | 96.20 | +0.14 | 653K | 24 | 8.3B |
FRT Dividend-Like Income Using Covered Calls
With FRT at 96.20, 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% | 2.89 | 0.8 |
| 5% | 4.81 | 1.3 |
| 10% | 9.62 | 2.6 |
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 FRT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 100.00 | 2.05 | 192 | 0.9 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | LYFT dividend | |
| 2. | KVUE dividend | 7. | INTC dividend | 2. | LCID dividend | |
| 3. | NVDA dividend | 8. | ASST dividend | 3. | SOUN dividend | |
| 4. | SLV dividend | 9. | HYG dividend | 4. | TTD dividend | |
| 5. | GLD dividend | 10. | SPY dividend | 5. | CELH dividend | |
Want more examples? FRSH Dividend | FSK Dividend
