MDWD Dividend Type Payments
Although MDWD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on MediWound 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):
| MediWound Ltd. - Ordinary Shares (MDWD) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 16.00 |
18.71 |
18.08 |
+0.05 |
41K |
- |
0.2B |
MDWD Dividend-Like Income Using Covered Calls
With MDWD at 18.08, 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% |
0.54 |
0.1 |
| 5% |
0.90 |
0.2 |
| 10% |
1.81 |
0.5 |
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 MDWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 16 |
19.00 |
0.10 |
22 |
0.5 |
0.29 (1.6%) |
| Sep 19 |
20.00 |
0.45 |
148 |
0.3 |
1.29 (7.1%) |
| 5% Yield On MDWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 16 |
19.00 |
0.10 |
22 |
0.5 |
0.29 (1.6%) |
| Sep 19 |
20.00 |
0.45 |
148 |
0.3 |
1.29 (7.1%) |
| 10% Yield On MDWD Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Jun 20 |
19.00 |
0.40 |
57 |
0.7 |
0.29 (1.6%) |
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