NTWK Dividend Type Payments
Although NTWK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on NETSOL Technologies Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:30 PM ET):
| NETSOL Technologies Inc. (NTWK) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 2.71 | 2.74 | 2.72 | +0.12 | 9K | 39 | 0.0B |
NTWK Dividend-Like Income Using Covered Calls
With NTWK at 2.72, 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% | 0.08 | 0.0 |
| 5% | 0.14 | 0.0 |
| 10% | 0.27 | 0.1 |
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 NTWK Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 18 | 5.00 | 0.05 | 185 | 0.0 | 2.26 (83.1%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TSLA dividend | 1. | RGTI dividend | |
| 2. | SLV dividend | 7. | INTC dividend | 2. | SEDG dividend | |
| 3. | AAPL dividend | 8. | XLF dividend | 3. | XP dividend | |
| 4. | SPY dividend | 9. | TLT dividend | 4. | QUBT dividend | |
| 5. | EEM dividend | 10. | IWM dividend | 5. | AMPS dividend | |
Want more examples? NTSX Dividend | NU Dividend
