PSTX Dividend Type Payments

Although PSTX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Poseida Therapeutics, 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):

Poseida Therapeutics, Inc. (PSTX)
Bid Ask Last Change Volume P/E Market Cap
2.83 2.93 2.87 +0.08 547K - 0.3B

PSTX Dividend-Like Income Using Covered Calls

With PSTX at 2.87, 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% 0.09 0.0
5% 0.14 0.0
10% 0.29 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 PSTX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 18 5.00 0.05 169 0.0 2.07 (72.1%)
Jul 19 5.00 0.05 78 0.1 2.07 (72.1%)
5% Yield On PSTX Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jul 19 5.00 0.05 78 0.1 2.07 (72.1%)

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Want more examples? PSTG Dividend | PSX Dividend