EEFT Dividend Type Payments
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 Wed 9:55 AM ET):
| Euronet Worldwide, Inc. (EEFT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 74.80 | 75.05 | 75.03 | +0.89 | 88K | 11 | 3.1B |
EEFT Dividend-Like Income Using Covered Calls
With EEFT at 75.03, 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% | 2.25 | 0.6 |
| 5% | 3.75 | 1.0 |
| 10% | 7.50 | 2.1 |
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 EEFT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 80.00 | 0.15 | 10 | 1.5 | 4.95 (6.6%) | |
| May 15 | 75.00 | 6.00 | 157 | 3.8 | 0.00 (0.0%) | |
| 5% Yield On EEFT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 80.00 | 0.15 | 10 | 1.5 | 4.95 (6.6%) | |
| May 15 | 75.00 | 6.00 | 157 | 3.8 | 0.00 (0.0%) | |
| 10% Yield On EEFT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 75.00 | 6.00 | 157 | 3.8 | 0.00 (0.0%) | |
| Jan 16 | 75.00 | 3.20 | 38 | 8.3 | 0.00 (0.0%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | RZLT dividend | |
| 2. | SPY dividend | 7. | SLV dividend | 2. | PL dividend | |
| 3. | QQQ dividend | 8. | TLT dividend | 3. | LULU dividend | |
| 4. | IWM dividend | 9. | FXI dividend | 4. | OKLO dividend | |
| 5. | IBIT dividend | 10. | NFLX dividend | 5. | EOSE dividend | |
Want more examples? EE Dividend | EELV Dividend
