BNTX Dividend Type Payments
Although BNTX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BioNTech SE - American Depositary Shares 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):
| BioNTech SE - American Depositary Shares (BNTX) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 111.88 |
113.88 |
112.89 |
-1.03 |
515K |
- |
0.0B |
BNTX Dividend-Like Income Using Covered Calls
With BNTX at 112.89, 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% |
3.39 |
0.9 |
| 5% |
5.64 |
1.5 |
| 10% |
11.29 |
3.1 |
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 BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
115.00 |
4.30 |
36 |
11.9 |
1.12 (1.0%) |
| Jul 18 |
115.00 |
0.90 |
8 |
11.3 |
1.12 (1.0%) |
| 5% Yield On BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
115.00 |
4.30 |
36 |
11.9 |
1.12 (1.0%) |
| Jul 18 |
115.00 |
0.90 |
8 |
11.3 |
1.12 (1.0%) |
| 10% Yield On BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
115.00 |
4.30 |
36 |
11.9 |
1.12 (1.0%) |
| Jul 18 |
115.00 |
0.90 |
8 |
11.3 |
1.12 (1.0%) |
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