HRTG Dividend Type Payments

Although HRTG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Heritage Insurance Holdings, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:25 PM ET):

Heritage Insurance Holdings, Inc. (HRTG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
23.87	23.93	23.94	+0.71	124K	6.7	1.4B

HRTG Dividend-Like Income Using Covered Calls

With HRTG at 23.94, 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%	2.39	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 HRTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	1.05	46	2.3	1.07 (4.5%)
Nov 21	25.00	0.65	18	3.6	1.07 (4.5%)

5% Yield On HRTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	1.05	46	2.3	1.07 (4.5%)
Nov 21	25.00	0.65	18	3.6	1.07 (4.5%)

10% Yield On HRTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	1.05	46	2.3	1.07 (4.5%)
Nov 21	25.00	0.65	18	3.6	1.07 (4.5%)

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Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	INTC dividend	1.	UPST dividend
2.	KVUE dividend	7.	TLT dividend	2.	PINS dividend
3.	NVDA dividend	8.	ASST dividend	3.	CAVA dividend
4.	SLV dividend	9.	HYG dividend	4.	TTD dividend
5.	GLD dividend	10.	EEM dividend	5.	TOST dividend

Want more examples? HROW Dividend | HRTX Dividend