HCA Dividend

Although HCA has a dividend of 0.72 with an ex-dividend date of Dec 15, you can sell covered calls on HCA Healthcare, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:55 PM ET):

HCA Healthcare, Inc. (HCA)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
470.38	470.66	470.38	-1.30	475K	18	108B

HCA Dividend-Like Income Using Covered Calls

With HCA at 470.38, 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%	14.11	3.9
5%	23.52	6.4
10%	47.04	12.9

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 HCA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	470.00	15.80	45	33.6	0.00 (0.0%)
Nov 21	470.00	10.00	17	54.9	0.00 (0.0%)

5% Yield On HCA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	470.00	15.80	45	33.6	0.00 (0.0%)
Nov 21	470.00	10.00	17	54.9	0.00 (0.0%)

10% Yield On HCA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	470.00	15.80	45	33.6	0.00 (0.0%)
Nov 21	470.00	10.00	17	54.9	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.	TTD dividend
2.	KVUE dividend	7.	INTC dividend	2.	ENVX dividend
3.	NVDA dividend	8.	ASST dividend	3.	SOUN dividend
4.	SLV dividend	9.	HYG dividend	4.	LCID dividend
5.	GLD dividend	10.	SPY dividend	5.	SG dividend

Want more examples? HBTA Dividend | HCAT Dividend