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 Wed 4:16 PM ET):
MediWound Ltd. - Ordinary Shares (MDWD) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
15.69 | 18.20 | 17.20 | -0.07 | 89K | - | 0.2B |
MDWD Dividend-Like Income Using Covered Calls
With MDWD at 17.20, 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% | 0.52 | 0.1 |
5% | 0.86 | 0.2 |
10% | 1.72 | 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 | |
Jun 20 | 19.00 | 0.55 | 185 | 0.3 | 0.80 (4.7%) | |
Mar 21 | 20.00 | 0.40 | 94 | 0.4 | 1.80 (10.5%) |
5% Yield On MDWD Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jun 20 | 19.00 | 0.55 | 185 | 0.3 | 0.80 (4.7%) | |
Mar 21 | 20.00 | 0.40 | 94 | 0.4 | 1.80 (10.5%) |
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Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | NVDA dividend | |
2. | SPY dividend | 7. | IWM dividend | 2. | RGTI dividend | |
3. | XLF dividend | 8. | KWEB dividend | 3. | QUBT dividend | |
4. | QQQ dividend | 9. | TLT dividend | 4. | MU dividend | |
5. | FXI dividend | 10. | TSLA dividend | 5. | QBTS dividend |
Want more examples? MDU Dividend | MDXG Dividend