SIVB Dividend Type Payments

SVB FINANCIAL dividend

Although SIVB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SVB FINANCIAL 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):

SVB FINANCIAL (SIVB)
Bid Ask Last Change Volume P/E Market Cap
297.28 324.60 320.76 -0.65 198K 24 17B

SIVB Dividend-Like Income Using Covered Calls

With SIVB at 320.76, 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% 9.62 2.6
5% 16.04 4.4
10% 32.08 8.8

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 SIVB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 350.00 1.05 36 2.9 25.40 (7.9%)
Nov 16 370.00 3.30 92 3.6 45.40 (14.2%)
5% Yield On SIVB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 340.00 2.55 36 7.1 15.40 (4.8%)
Nov 16 360.00 4.70 92 5.1 35.40 (11.0%)
10% Yield On SIVB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 330.00 5.30 36 14.7 5.40 (1.7%)
Nov 16 340.00 9.90 92 10.8 15.40 (4.8%)

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Want more examples? SITE Dividend | SIVR Dividend