PESI Dividend Type Payments
Although PESI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Perma-Fix Environmental Services, Inc. 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):
Perma-Fix Environmental Services, Inc. (PESI) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
9.05 |
12.60 |
11.25 |
+0.40 |
63K |
271 |
0.1B |
PESI Dividend-Like Income Using Covered Calls
With PESI at 11.25, 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% |
0.34 |
0.1 |
5% |
0.56 |
0.2 |
10% |
1.13 |
0.3 |
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 PESI Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 17 |
15.00 |
0.05 |
29 |
0.2 |
2.40 (21.3%) |
Jun 21 |
15.00 |
0.15 |
64 |
0.2 |
2.40 (21.3%) |
5% Yield On PESI Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 17 |
15.00 |
0.05 |
29 |
0.2 |
2.40 (21.3%) |
Jun 21 |
15.00 |
0.15 |
64 |
0.2 |
2.40 (21.3%) |
10% Yield On PESI Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Sep 20 |
15.00 |
0.65 |
155 |
0.4 |
2.40 (21.3%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial