GES Dividend Type Payments

Guess?, Inc. dividend

Although GES has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Guess?, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 12:25 PM ET):

Guess?, Inc. (GES)
Bid Ask Last Change Volume P/E Market Cap
12.11 12.13 12.12 0.00 89K - 0.6B

GES Dividend-Like Income Using Covered Calls

With GES at 12.12, 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% 0.36 0.1
5% 0.61 0.2
10% 1.21 0.3

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 GES Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 13.00 0.45 47 1.0 0.87 (7.2%)
Jul 18 13.00 0.15 19 0.8 0.87 (7.2%)
5% Yield On GES Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 13.00 0.45 47 1.0 0.87 (7.2%)
Jul 18 13.00 0.15 19 0.8 0.87 (7.2%)
10% Yield On GES Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 13.00 0.45 47 1.0 0.87 (7.2%)
Jul 18 13.00 0.15 19 0.8 0.87 (7.2%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.TLT dividend   1.COGT dividend
2.SLV dividend 7.TSLA dividend   2.EOSE dividend
3.SPY dividend 8.AAPL dividend   3.ENPH dividend
4.GLD dividend 9.FXI dividend   4.CIFR dividend
5.IWM dividend 10.QQQ dividend   5.PRAX dividend

Want more examples? GERN Dividend | GEVO Dividend