STAG Dividend

Stag Industrial, Inc dividend

Although STAG has a dividend of 0.12 with an ex-dividend date of Feb 27, 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
27.85 28.90 28.29 -0.14 744K 36 3.1B

STAG Dividend-Like Income Using Covered Calls

With STAG at 28.29, 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% 0.85 0.2
5% 1.41 0.4
10% 2.83 0.8

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:

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

Top 10 Open Interest For Mar 15 Expiration     Top 5 High Yield
1.SPX dividend 6.EWZ dividend   1.AMRN dividend
2.EEM dividend 7.GE dividend   2.FIT dividend
3.SPY dividend 8.LLY dividend   3.ASND dividend
4.QQQ dividend 9.BAC dividend   4.IMGN dividend
5.FXI dividend 10.GLD dividend   5.OSTK dividend

Want more examples? STAA Dividend | STAR Dividend