JHG Dividend Type Payments

Although JHG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on JANUS HENDERSON GROUP PLC to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 3:10 PM ET):

JANUS HENDERSON GROUP PLC (JHG)
Bid Ask Last Change Volume P/E Market Cap
27.94 27.95 27.94 +0.23 222K 5.7 5.6B

JHG Dividend-Like Income Using Covered Calls

With JHG at 27.94, 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% 0.84 0.2
5% 1.40 0.4
10% 2.79 0.8

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 JHG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 30.00 0.65 127 0.5 2.05 (7.3%)
5% Yield On JHG Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 30.00 0.65 127 0.5 2.05 (7.3%)

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

 
Top 10 Open Interest For Sep 21 Expiration     Top 5 High Yield
1.EEM dividend 6.GE dividend   1.AKRX dividend
2.SPY dividend 7.GLD dividend   2.COTY dividend
3.SPX dividend 8.FB dividend   3.LB dividend
4.QQQ dividend 9.IWM dividend   4.UVXY dividend
5.XLF dividend 10.GDX dividend   5.TSLA dividend

Want more examples? JHDG Dividend | JHMA Dividend