PRQR Dividend Type Payments
Although PRQR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ProQR Therapeutics N.V. - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):
ProQR Therapeutics N.V. - Ordinary Shares (PRQR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
1.91 | 1.96 | 1.95 | +0.02 | 273K | - | 0.1B |
PRQR Dividend-Like Income Using Covered Calls
With PRQR at 1.95, 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% | 0.06 | 0.0 |
5% | 0.10 | 0.0 |
10% | 0.20 | 0.1 |
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 PRQR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 16 | 5.00 | 0.10 | 208 | 0.0 | 3.04 (155.9%) |
5% Yield On PRQR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 16 | 5.00 | 0.10 | 208 | 0.0 | 3.04 (155.9%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | SLV dividend | 6. | TSLA dividend | 1. | COGT dividend | |
2. | NVDA dividend | 7. | IWM dividend | 2. | ALT dividend | |
3. | SPY dividend | 8. | FXI dividend | 3. | RUN dividend | |
4. | GLD dividend | 9. | AAPL dividend | 4. | APLD dividend | |
5. | TLT dividend | 10. | CLSK dividend | 5. | HTZ dividend |
Want more examples? PRPL Dividend | PRTA Dividend