EEFT Dividend Type Payments

Euronet Worldwide, Inc dividend

Although EEFT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Euronet Worldwide, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 11:55 AM ET):

Euronet Worldwide, Inc (EEFT)
Bid Ask Last Change Volume P/E Market Cap
165.91 166.11 165.94 +0.93 59K 37 8.6B

EEFT Dividend-Like Income Using Covered Calls

With EEFT at 165.94, here's a table showing how big the annual "dividend" (ie. 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% 4.98 1.4
5% 8.30 2.3
10% 16.59 4.5

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 EEFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 16 185.00 0.55 29 1.9 18.89 (11.4%)
Nov 15 195.00 2.15 120 1.8 28.89 (17.4%)
5% Yield On EEFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 16 180.00 1.15 29 4.0 13.89 (8.4%)
Nov 15 190.00 3.10 120 2.6 23.89 (14.4%)
10% Yield On EEFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 16 175.00 2.20 29 7.6 8.89 (5.4%)
Nov 15 180.00 5.70 120 4.8 13.89 (8.4%)

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Top 10 Open Interest For Aug 16 Expiration     Top 5 High Yield
1.SPY dividend 6.QQQ dividend   1.HOME dividend
2.FXI dividend 7.NIO dividend   2.SNAP dividend
3.EEM dividend 8.BAC dividend   3.ITCI dividend
4.SPX dividend 9.GLD dividend   4.CLF dividend
5.GDX dividend 10.EWZ dividend   5.TWTR dividend

Want more examples? EEB Dividend | EEH Dividend