CGEN Dividend Type Payments

Although CGEN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Compugen Ltd. - 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):

Compugen Ltd. - Ordinary Shares (CGEN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
1.59	1.71	1.64	+0.05	1.2M	-	0.1B

CGEN Dividend-Like Income Using Covered Calls

With CGEN at 1.64, 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%	0.05	0.0
5%	0.08	0.0
10%	0.16	0.0

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 CGEN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.35	344	0.1	0.79 (48.2%)
Jun 20	2.50	0.15	162	0.1	0.79 (48.2%)

5% Yield On CGEN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.35	344	0.1	0.79 (48.2%)
Jun 20	2.50	0.15	162	0.1	0.79 (48.2%)

10% Yield On CGEN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	2.50	0.35	344	0.1	0.79 (48.2%)
Jun 20	2.50	0.15	162	0.1	0.79 (48.2%)

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Want more examples? CGC Dividend | CGNT Dividend