SUP Dividend Type Payments

Superior Industries International, Inc. (DE) dividend

Although SUP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Superior Industries International, Inc. (DE) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

Superior Industries International, Inc. (DE) (SUP)
Bid Ask Last Change Volume P/E Market Cap
0.32 0.32 0.32 -0.02 665K - 0.0B

SUP Dividend-Like Income Using Covered Calls

With SUP at 0.32, 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% 0.01 0.0
5% 0.02 0.0
10% 0.03 0.0

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 SUP Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 16 2.50 0.05 214 0.0 2.18 (681.3%)
5% Yield On SUP Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 16 2.50 0.05 214 0.0 2.18 (681.3%)
10% Yield On SUP Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 16 2.50 0.05 214 0.0 2.18 (681.3%)

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

 
 
Top 10 Open Interest For Jun 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.GLD dividend   1.ALT dividend
2.SPY dividend 7.IWM dividend   2.QUBT dividend
3.QQQ dividend 8.TLT dividend   3.CAPR dividend
4.TSLA dividend 9.AAPL dividend   4.BBAI dividend
5.SLV dividend 10.INTC dividend   5.COGT dividend

Want more examples? SUNS Dividend | SUPN Dividend