BNTX Dividend Type Payments
Although BNTX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BioNTech SE - American Depositary 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):
| BioNTech SE - American Depositary Shares (BNTX) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 109.00 |
118.00 |
111.61 |
-5.78 |
773K |
- |
0.0B |
BNTX Dividend-Like Income Using Covered Calls
With BNTX at 111.61, 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% |
3.35 |
0.9 |
| 5% |
5.58 |
1.5 |
| 10% |
11.16 |
3.1 |
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:
| 3% Yield On BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 20 |
140.00 |
0.05 |
3 |
1.7 |
22.00 (19.7%) |
| Jan 17 |
120.00 |
2.95 |
31 |
9.5 |
2.00 (1.8%) |
| 5% Yield On BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 20 |
140.00 |
0.05 |
3 |
1.7 |
22.00 (19.7%) |
| Jan 17 |
120.00 |
2.95 |
31 |
9.5 |
2.00 (1.8%) |
| 10% Yield On BNTX Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Jan 17 |
120.00 |
2.95 |
31 |
9.5 |
2.00 (1.8%) |
| Dec 19 |
120.00 |
16.60 |
367 |
4.5 |
2.00 (1.8%) |
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