UTSI Dividend Type Payments

UTSTARCOM HOLDINGS CORP ORDINA dividend

Although UTSI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on UTSTARCOM HOLDINGS CORP ORDINA 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):

UTSTARCOM HOLDINGS CORP ORDINA (UTSI)
Bid Ask Last Change Volume P/E Market Cap
3.64 4.12 3.82 -0.03 14K 54 0.1B

UTSI Dividend-Like Income Using Covered Calls

With UTSI at 3.82, 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% 0.11 0.0
5% 0.19 0.1
10% 0.38 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:

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
Top 10 Open Interest For Oct 19 Expiration     Top 5 High Yield
1.SPY dividend 6.AMD dividend   1.GERN dividend
2.EEM dividend 7.FXI dividend   2.MDXG dividend
3.SPX dividend 8.BABA dividend   3.TLRY dividend
4.MU dividend 9.USO dividend   4.AKRX dividend
5.FTV dividend 10.GLD dividend   5.ANAB dividend

Want more examples? UTL Dividend | UTSL Dividend