POR Dividend Type Payments

Portland General Electric Co dividend

Although POR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Portland General Electric Co to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 10:50 AM ET):

Portland General Electric Co (POR)
Bid Ask Last Change Volume P/E Market Cap
43.20 43.23 43.20 -0.02 201K 16 4.7B

POR Dividend-Like Income Using Covered Calls

With POR at 43.20, 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% 1.30 0.4
5% 2.16 0.6
10% 4.32 1.2

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 POR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 45.00 0.60 67 0.9 1.77 (4.1%)
Nov 21 45.00 0.35 39 0.9 1.77 (4.1%)
5% Yield On POR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 45.00 0.60 67 0.9 1.77 (4.1%)
Nov 21 45.00 0.35 39 0.9 1.77 (4.1%)

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

 
 
Top 10 Open Interest For Oct 17 Expiration     Top 5 High Yield
1.NVDA dividend 6.SLV dividend   1.ABAT dividend
2.IBIT dividend 7.INTC dividend   2.POWI dividend
3.GLD dividend 8.AMZN dividend   3.ARCT dividend
4.SPY dividend 9.QQQ dividend   4.KURA dividend
5.TSLA dividend 10.IWM dividend   5.SOC dividend

Want more examples? POOL Dividend | POST Dividend