PAL Dividend Type Payments

Proficient Auto Logistics, Inc. dividend

Although PAL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Proficient Auto Logistics, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 12:25 PM ET):

Proficient Auto Logistics, Inc. (PAL)
Bid Ask Last Change Volume P/E Market Cap
10.45 10.50 10.46 -0.02 74K 35 0.3B

PAL Dividend-Like Income Using Covered Calls

With PAL at 10.46, 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% 0.31 0.1
5% 0.52 0.1
10% 1.05 0.3

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 PAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 12.50 0.30 68 0.4 2.00 (19.1%)
5% Yield On PAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 12.50 0.30 68 0.4 2.00 (19.1%)
10% Yield On PAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 12.50 0.30 68 0.4 2.00 (19.1%)

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

 
 
Top 10 Open Interest For Feb 20 Expiration     Top 5 High Yield
1.SLV dividend 6.QQQ dividend   1.OCUL dividend
2.NVDA dividend 7.SPY dividend   2.PINS dividend
3.KWEB dividend 8.EWZ dividend   3.QS dividend
4.IBIT dividend 9.TLT dividend   4.U dividend
5.GLD dividend 10.CORZ dividend   5.NET dividend

Want more examples? PAHC Dividend | PALC Dividend