LXFT Dividend Type Payments

LUXOFT HOLDING INC dividend

Although LXFT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on LUXOFT HOLDING INC to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

LUXOFT HOLDING INC (LXFT)
Bid Ask Last Change Volume P/E Market Cap
37.75 38.00 37.90 -0.80 130K 23 1.8B

LXFT Dividend-Like Income Using Covered Calls

With LXFT at 37.90, 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% 1.14 0.3
5% 1.90 0.5
10% 3.79 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 LXFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 45.00 0.15 29 0.5 7.00 (18.5%)
Oct 19 45.00 0.40 92 0.4 7.00 (18.5%)
5% Yield On LXFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 40.00 1.15 29 4.0 2.00 (5.3%)
Oct 19 40.00 1.70 92 1.8 2.00 (5.3%)
10% Yield On LXFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 40.00 1.15 29 4.0 2.00 (5.3%)
Oct 19 40.00 1.70 92 1.8 2.00 (5.3%)

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Want more examples? LX Dividend | LXP Dividend