WNS Dividend Type Payments
Although WNS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on WNS (Holdings) Limited Ordinary Shares 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):
WNS (Holdings) Limited Ordinary Shares (WNS) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
54.00 | 58.78 | 55.20 | -3.36 | 1.4M | - | 2.0B |
WNS Dividend-Like Income Using Covered Calls
With WNS at 55.20, 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% | 1.66 | 0.5 |
5% | 2.76 | 0.8 |
10% | 5.52 | 1.5 |
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 WNS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 60.00 | 0.70 | 57 | 1.2 | 1.22 (2.2%) | |
Oct 17 | 60.00 | 2.35 | 120 | 2.0 | 1.22 (2.2%) |
5% Yield On WNS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 60.00 | 0.70 | 57 | 1.2 | 1.22 (2.2%) | |
Oct 17 | 60.00 | 2.35 | 120 | 2.0 | 1.22 (2.2%) |
10% Yield On WNS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 60.00 | 2.35 | 120 | 2.0 | 1.22 (2.2%) | |
Dec 19 | 60.00 | 4.80 | 183 | 2.6 | 1.22 (2.2%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | SLV dividend | 6. | TSLA dividend | 1. | ALT dividend | |
2. | NVDA dividend | 7. | IWM dividend | 2. | COGT dividend | |
3. | SPY dividend | 8. | FXI dividend | 3. | BBAI dividend | |
4. | GLD dividend | 9. | AAPL dividend | 4. | RUN dividend | |
5. | TLT dividend | 10. | CLSK dividend | 5. | CELC dividend |
Want more examples? WNEB Dividend | WOLF Dividend