QURE Dividend Type Payments
Although QURE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on uniQure 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 Wed 4:16 PM ET):
| uniQure N.V. - Ordinary Shares (QURE) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 17.15 |
17.67 |
17.48 |
-0.01 |
814K |
- |
1.0B |
QURE Dividend-Like Income Using Covered Calls
With QURE at 17.48, 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% |
0.52 |
0.1 |
| 5% |
0.87 |
0.2 |
| 10% |
1.75 |
0.5 |
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 QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Oct 17 |
18.00 |
3.60 |
38 |
9.5 |
0.33 (1.9%) |
| Sep 19 |
18.00 |
2.45 |
10 |
24.5 |
0.33 (1.9%) |
| 5% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Oct 17 |
18.00 |
3.60 |
38 |
9.5 |
0.33 (1.9%) |
| Sep 19 |
18.00 |
2.45 |
10 |
24.5 |
0.33 (1.9%) |
| 10% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Oct 17 |
18.00 |
3.60 |
38 |
9.5 |
0.33 (1.9%) |
| Sep 19 |
18.00 |
2.45 |
10 |
24.5 |
0.33 (1.9%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
