HOG Dividend Type Payments

Harley-Davidson, Inc. dividend

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

Harley-Davidson, Inc. (HOG)
Bid Ask Last Change Volume P/E Market Cap
23.68 24.35 24.05 -0.28 2.5M 8.8 3.0B

HOG Dividend-Like Income Using Covered Calls

With HOG at 24.05, 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% 0.72 0.2
5% 1.20 0.3
10% 2.41 0.7

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 HOG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 5 25.00 0.75 36 2.1 0.65 (2.7%)
Aug 8 24.50 0.35 8 4.4 0.15 (0.6%)
5% Yield On HOG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 5 25.00 0.75 36 2.1 0.65 (2.7%)
Aug 8 24.50 0.35 8 4.4 0.15 (0.6%)
10% Yield On HOG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 5 25.00 0.75 36 2.1 0.65 (2.7%)
Aug 8 24.50 0.35 8 4.4 0.15 (0.6%)

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

 
 
Top 10 Open Interest For Aug 15 Expiration     Top 5 High Yield
1.SLV dividend 6.IBIT dividend   1.UPST dividend
2.NVDA dividend 7.TSLA dividend   2.PTON dividend
3.GLD dividend 8.QQQ dividend   3.APPS dividend
4.IWM dividend 9.AMZN dividend   4.QBTS dividend
5.SPY dividend 10.AAPL dividend   5.LYFT dividend

Want more examples? HOFT Dividend | HOLX Dividend