CWK Dividend Type Payments
Although CWK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cushman & Wakefield plc Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:45 PM ET):
| Cushman & Wakefield plc Ordinary Shares (CWK) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 15.45 | 15.47 | 15.46 | -0.17 | 1.2M | 16 | 3.6B |
CWK Dividend-Like Income Using Covered Calls
With CWK at 15.46, 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% | 0.46 | 0.1 |
| 5% | 0.77 | 0.2 |
| 10% | 1.55 | 0.4 |
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 CWK Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 17.50 | 0.80 | 192 | 0.4 | 2.03 (13.1%) | |
| 5% Yield On CWK Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 17.50 | 0.80 | 192 | 0.4 | 2.03 (13.1%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | TTD dividend | |
| 2. | KVUE dividend | 7. | INTC dividend | 2. | CELH dividend | |
| 3. | NVDA dividend | 8. | ASST dividend | 3. | SOUN dividend | |
| 4. | SLV dividend | 9. | HYG dividend | 4. | SG dividend | |
| 5. | GLD dividend | 10. | SPY dividend | 5. | AFRM dividend | |
Want more examples? CWI Dividend | CWS Dividend
