HUBS Dividend Type Payments

Although HUBS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on HUBSPOT INC to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:50 PM ET):

HUBSPOT INC (HUBS)
Bid Ask Last Change Volume P/E Market Cap
136.97 137.29 137.16 +2.19 347K - 5.2B

HUBS Dividend-Like Income Using Covered Calls

With HUBS at 137.16, 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% 4.11 1.1
5% 6.86 1.9
10% 13.72 3.8

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 HUBS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 145.00 0.10 3 3.3 7.71 (5.6%)
Nov 16 175.00 0.45 31 1.5 37.71 (27.5%)
5% Yield On HUBS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 145.00 0.10 3 3.3 7.71 (5.6%)
Nov 16 170.00 0.65 31 2.1 32.71 (23.8%)
10% Yield On HUBS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 140.00 0.75 3 25.0 2.71 (2.0%)
Nov 16 160.00 1.60 31 5.2 22.71 (16.6%)

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Top 10 Open Interest For Oct 19 Expiration     Top 5 High Yield
1.SPY dividend 6.PBR dividend   1.CLVS dividend
2.SPX dividend 7.MU dividend   2.LLNW dividend
3.QQQ dividend 8.FXI dividend   3.UVXY dividend
4.EEM dividend 9.IWM dividend   4.CRON dividend
5.BAC dividend 10.AMD dividend   5.ERIC dividend

Want more examples? HUBG Dividend | HUD Dividend