HEES Dividend Type Payments

Although HEES has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on H&E Equipment Services, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

H&E Equipment Services, Inc. (HEES)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
85.12	95.08	89.62	-0.76	489K	27	3.3B

HEES Dividend-Like Income Using Covered Calls

With HEES at 89.62, 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%	2.69	0.7
5%	4.48	1.2
10%	8.96	2.5

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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1.	NVDA dividend	6.	GLD dividend	1.	RDDT dividend
2.	SPY dividend	7.	IWM dividend	2.	WGS dividend
3.	TLT dividend	8.	FXI dividend	3.	SNAP dividend
4.	SLV dividend	9.	TSLA dividend	4.	ZETA dividend
5.	QQQ dividend	10.	IBIT dividend	5.	ENVX dividend

Want more examples? HEEM Dividend | HEFA Dividend