NGVC Dividend Type Payments
Although NGVC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Natural Grocers by Vitamin Cottage, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 1:10 PM ET):
| Natural Grocers by Vitamin Cottage, Inc. (NGVC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 32.05 | 32.21 | 32.05 | -0.91 | 106K | 18 | 0.8B |
NGVC Dividend-Like Income Using Covered Calls
With NGVC at 32.05, 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% | 0.96 | 0.3 |
| 5% | 1.60 | 0.4 |
| 10% | 3.21 | 0.9 |
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 NGVC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 35.00 | 1.50 | 46 | 3.3 | 2.79 (8.7%) | |
| Mar 20 | 35.00 | 2.60 | 137 | 1.9 | 2.79 (8.7%) | |
| 5% Yield On NGVC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 35.00 | 1.50 | 46 | 3.3 | 2.79 (8.7%) | |
| Mar 20 | 35.00 | 2.60 | 137 | 1.9 | 2.79 (8.7%) | |
| 10% Yield On NGVC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 35.00 | 1.50 | 46 | 3.3 | 2.79 (8.7%) | |
| Mar 20 | 35.00 | 2.60 | 137 | 1.9 | 2.79 (8.7%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | INTC dividend | 1. | UPST dividend | |
| 2. | KVUE dividend | 7. | TLT dividend | 2. | CAVA dividend | |
| 3. | NVDA dividend | 8. | ASST dividend | 3. | PINS dividend | |
| 4. | SLV dividend | 9. | HYG dividend | 4. | LYFT dividend | |
| 5. | GLD dividend | 10. | EEM dividend | 5. | TTD dividend | |
Want more examples? NGS Dividend | NGVT Dividend
