INGN Dividend Type Payments

Inogen, Inc dividend

Although INGN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Inogen, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 10:50 AM ET):

Inogen, Inc (INGN)
Bid Ask Last Change Volume P/E Market Cap
7.09 7.12 7.11 +0.03 15K - 0.2B

INGN Dividend-Like Income Using Covered Calls

With INGN at 7.11, 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% 0.21 0.1
5% 0.36 0.1
10% 0.71 0.2

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 INGN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.50 47 1.1 0.38 (5.3%)
Sep 19 10.00 0.10 82 0.1 2.88 (40.5%)
5% Yield On INGN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.50 47 1.1 0.38 (5.3%)
Sep 19 10.00 0.10 82 0.1 2.88 (40.5%)
10% Yield On INGN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 7.50 0.50 47 1.1 0.38 (5.3%)
Sep 19 7.50 0.65 82 0.8 0.38 (5.3%)

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

 
 
Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.TLT dividend   1.CIFR dividend
2.SLV dividend 7.TSLA dividend   2.COGT dividend
3.SPY dividend 8.AAPL dividend   3.EOSE dividend
4.GLD dividend 9.FXI dividend   4.ENVX dividend
5.IWM dividend 10.QQQ dividend   5.ENPH dividend

Want more examples? ING Dividend | INGR Dividend