KMDA Dividend Type Payments
Although KMDA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kamada 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 Mon 12:40 PM ET):
| Kamada Ltd. - Ordinary Shares (KMDA) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 7.22 |
7.25 |
7.25 |
-0.21 |
211K |
27 |
0.3B |
KMDA Dividend-Like Income Using Covered Calls
With KMDA at 7.25, 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% |
0.22 |
0.1 |
| 5% |
0.36 |
0.1 |
| 10% |
0.73 |
0.2 |
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 KMDA Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
10.00 |
0.70 |
173 |
0.4 |
2.75 (37.9%) |
| May 16 |
10.00 |
0.30 |
82 |
0.4 |
2.75 (37.9%) |
| 5% Yield On KMDA Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
10.00 |
0.70 |
173 |
0.4 |
2.75 (37.9%) |
| May 16 |
10.00 |
0.30 |
82 |
0.4 |
2.75 (37.9%) |
| 10% Yield On KMDA Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Aug 15 |
10.00 |
0.70 |
173 |
0.4 |
2.75 (37.9%) |
| May 16 |
10.00 |
0.30 |
82 |
0.4 |
2.75 (37.9%) |
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