UEPS Dividend Type Payments

NET 1 UEPS TECHNOLOGIES dividend

Although UEPS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on NET 1 UEPS TECHNOLOGIES to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:50 PM ET):

NET 1 UEPS TECHNOLOGIES (UEPS)
Bid Ask Last Change Volume P/E Market Cap
7.18 7.20 7.19 -0.01 105K 10 0.4B

UEPS Dividend-Like Income Using Covered Calls

With UEPS at 7.19, here's a table showing how big the annual "dividend" (ie. 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% 0.22 0.1
5% 0.36 0.1
10% 0.72 0.2

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 UEPS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 16 9.00 0.05 31 0.2 1.80 (25.0%)
Jan 18 10.00 0.10 94 0.1 2.80 (38.9%)
5% Yield On UEPS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 16 9.00 0.05 31 0.2 1.80 (25.0%)
Jan 18 10.00 0.10 94 0.1 2.80 (38.9%)
10% Yield On UEPS Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 16 8.00 0.15 31 0.5 0.80 (11.1%)
Jan 18 9.00 0.20 94 0.2 1.80 (25.0%)

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Want more examples? UEIC Dividend | UEUR Dividend