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 Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:30 PM ET):
| Janus Henderson Group plc Ordinary Shares (JHG) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 37.46 | 37.48 | 37.47 | -0.10 | 539K | 15 | 5.9B |
JHG Dividend-Like Income Using Covered Calls
With JHG at 37.47, 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% | 1.12 | 0.3 |
| 5% | 1.87 | 0.5 |
| 10% | 3.75 | 1.0 |
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 | |
| Jul 18 | 40.00 | 0.10 | 24 | 0.4 | 2.52 (6.7%) | |
| Dec 19 | 40.00 | 0.60 | 178 | 0.3 | 2.52 (6.7%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TSLA dividend | 1. | ALT dividend | |
| 2. | SLV dividend | 7. | IWM dividend | 2. | COGT dividend | |
| 3. | SPY dividend | 8. | AAPL dividend | 3. | CELC dividend | |
| 4. | GLD dividend | 9. | FXI dividend | 4. | QUBT dividend | |
| 5. | TLT dividend | 10. | QQQ dividend | 5. | CAPR dividend | |
Want more examples? JHEM Dividend | JHMD Dividend
