UUUU Dividend Type Payments

Energy Fuels Inc Ordinary Shares (Canada) dividend

Although UUUU has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Energy Fuels Inc Ordinary Shares (Canada) 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):

Energy Fuels Inc Ordinary Shares (Canada) (UUUU)
Bid Ask Last Change Volume P/E Market Cap
13.44 13.47 13.47 -0.61 6.1M - 3.3B

UUUU Dividend-Like Income Using Covered Calls

With UUUU at 13.47, 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% 0.40 0.1
5% 0.67 0.2
10% 1.35 0.4

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 UUUU Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 13.50 0.35 3 11.7 0.03 (0.2%)
Dec 26 13.50 0.10 10 1.0 0.03 (0.2%)
5% Yield On UUUU Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 13.50 0.35 3 11.7 0.03 (0.2%)
Dec 26 13.50 0.10 10 1.0 0.03 (0.2%)
10% Yield On UUUU Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 13.50 0.35 3 11.7 0.03 (0.2%)
Dec 26 13.50 0.10 10 1.0 0.03 (0.2%)

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