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 Mon 4:16 PM ET):

HubSpot, Inc. (HUBS)
Bid Ask Last Change Volume P/E Market Cap
471.94 484.98 471.94 +2.27 470K - 25B

HUBS Dividend-Like Income Using Covered Calls

With HUBS at 471.94, 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% 14.16 3.9
5% 23.60 6.5
10% 47.19 12.9

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
Dec 19 490.00 33.90 54 62.8 5.02 (1.1%)
Nov 21 490.00 24.60 26 94.6 5.02 (1.1%)
5% Yield On HUBS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 490.00 33.90 54 62.8 5.02 (1.1%)
Nov 21 490.00 24.60 26 94.6 5.02 (1.1%)
10% Yield On HUBS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 490.00 33.90 54 62.8 5.02 (1.1%)
Nov 21 490.00 24.60 26 94.6 5.02 (1.1%)

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Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.IBIT dividend 6.TLT dividend   1.GHRS dividend
2.KVUE dividend 7.HYG dividend   2.DNUT dividend
3.NVDA dividend 8.EEM dividend   3.BHVN dividend
4.SLV dividend 9.QQQ dividend   4.ALGN dividend
5.GLD dividend 10.SPY dividend   5.UPST dividend

Want more examples? HUBG Dividend | HUM Dividend