ZBRA Dividend Type Payments

Zebra Technologies Corporation - Class A dividend

Although ZBRA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Zebra Technologies Corporation - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Zebra Technologies Corporation - Class A (ZBRA)
Bid Ask Last Change Volume P/E Market Cap
269.25 275.00 270.58 +1.33 786K 27 14B

ZBRA Dividend-Like Income Using Covered Calls

With ZBRA at 270.58, 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% 8.12 2.2
5% 13.53 3.7
10% 27.06 7.4

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 ZBRA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 280.00 11.00 47 23.4 5.00 (1.8%)
Nov 21 280.00 1.50 19 7.9 5.00 (1.8%)
5% Yield On ZBRA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 280.00 11.00 47 23.4 5.00 (1.8%)
Nov 21 280.00 1.50 19 7.9 5.00 (1.8%)
10% Yield On ZBRA Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 280.00 11.00 47 23.4 5.00 (1.8%)
Nov 21 280.00 1.50 19 7.9 5.00 (1.8%)

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

 
 
Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.IBIT dividend 6.INTC dividend   1.SRPT dividend
2.KVUE dividend 7.TLT dividend   2.ENVX dividend
3.NVDA dividend 8.ASST dividend   3.UPST dividend
4.SLV dividend 9.EEM dividend   4.NVTS dividend
5.GLD dividend 10.HYG dividend   5.SOUN dividend

Want more examples? ZBIO Dividend | ZDGE Dividend