STAG Dividend

Although STAG has a dividend of 0.12 with an ex-dividend date of Nov 28, you can sell covered calls on Stag Industrial, 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):

Stag Industrial, Inc. (STAG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
38.98	39.05	39.00	+0.41	931K	30	7.2B

STAG Dividend-Like Income Using Covered Calls

With STAG at 39.00, 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%	1.17	0.3
5%	1.95	0.5
10%	3.90	1.1

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 STAG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	40.00	0.35	43	0.8	0.95 (2.4%)
Nov 21	40.00	0.10	15	0.7	0.95 (2.4%)

5% Yield On STAG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	40.00	0.35	43	0.8	0.95 (2.4%)
Nov 21	40.00	0.10	15	0.7	0.95 (2.4%)

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Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	TLT dividend	1.	ONDS dividend
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3.	KVUE dividend	8.	INTC dividend	3.	OKLO dividend
4.	SLV dividend	9.	SPY dividend	4.	WULF dividend
5.	GLD dividend	10.	HYG dividend	5.	BE dividend

Want more examples? STAA Dividend | STBA Dividend