ITGR Dividend Type Payments

Although ITGR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Integer Holdings Corp to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 10:45 AM ET):

Integer Holdings Corp (ITGR)
Bid Ask Last Change Volume P/E Market Cap
86.42 86.55 86.43 +0.25 20K 14 2.8B

ITGR Dividend-Like Income Using Covered Calls

With ITGR at 86.43, 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% 2.59 0.7
5% 4.32 1.2
10% 8.64 2.4

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 ITGR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 95.00 0.20 22 0.9 8.45 (9.8%)
Apr 18 95.00 1.15 56 2.1 8.45 (9.8%)
5% Yield On ITGR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 18 95.00 1.15 56 2.1 8.45 (9.8%)
May 17 100.00 1.45 85 1.7 13.45 (15.6%)
10% Yield On ITGR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 18 90.00 1.80 56 3.2 3.45 (4.0%)
May 17 95.00 2.55 85 3.0 8.45 (9.8%)

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

 
Top 10 Open Interest For Mar 15 Expiration     Top 5 High Yield
1.SPX dividend 6.EWZ dividend   1.CRON dividend
2.EEM dividend 7.GE dividend   2.AMRN dividend
3.SPY dividend 8.LLY dividend   3.PCG dividend
4.QQQ dividend 9.BAC dividend   4.ROKU dividend
5.FXI dividend 10.GLD dividend   5.FIT dividend

Want more examples? ITG Dividend | ITI Dividend