HCFT Dividend Type Payments

Although HCFT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Hunt Companies Finance Trust, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 9:35 AM ET):

Hunt Companies Finance Trust, Inc (HCFT)
Bid Ask Last Change Volume P/E Market Cap
3.49 3.57 3.54 +3.50 0K 51 0.1B

HCFT Dividend-Like Income Using Covered Calls

With HCFT at 3.54, 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% 0.11 0.0
5% 0.18 0.0
10% 0.35 0.1

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:

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Top 10 Open Interest For Apr 18 Expiration     Top 5 High Yield
1.SPY dividend 6.USO dividend   1.MU dividend
2.EEM dividend 7.BMY dividend   2.TLRY dividend
3.SPX dividend 8.AAPL dividend   3.ACB dividend
4.QQQ dividend 9.IWM dividend   4.FDX dividend
5.FXI dividend 10.NIO dividend   5.SNAP dividend

Want more examples? HCCI Dividend | HCHC Dividend