CWCO Dividend Type Payments

Consolidated Water Co. Ltd. - Ordinary Shares dividend

Although CWCO has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Consolidated Water Co. Ltd. - Ordinary 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):

Consolidated Water Co. Ltd. - Ordinary Shares (CWCO)
Bid Ask Last Change Volume P/E Market Cap
21.85 24.67 23.17 +0.03 91K 13 0.4B

CWCO Dividend-Like Income Using Covered Calls

With CWCO at 23.17, 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% 0.70 0.2
5% 1.16 0.3
10% 2.32 0.6

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 CWCO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 25.00 0.05 15 0.3 0.33 (1.4%)
Nov 21 25.00 0.55 204 0.3 0.33 (1.4%)
5% Yield On CWCO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 25.00 0.05 15 0.3 0.33 (1.4%)

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