PERI Dividend Type Payments

Although PERI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Perion Network 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):

Perion Network Ltd - Ordinary Shares (PERI)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
8.33	9.30	8.38	-0.36	247K	10	0.2B

PERI Dividend-Like Income Using Covered Calls

With PERI at 8.38, 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%	0.25	0.1
5%	0.42	0.1
10%	0.84	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 PERI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	10.00	0.10	64	0.2	0.70 (8.4%)
Apr 17	10.00	0.40	154	0.3	0.70 (8.4%)

5% Yield On PERI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	10.00	0.10	64	0.2	0.70 (8.4%)
Apr 17	10.00	0.40	154	0.3	0.70 (8.4%)

10% Yield On PERI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	10.00	0.40	154	0.3	0.70 (8.4%)
Jan 16	10.00	1.10	428	0.3	0.70 (8.4%)

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Want more examples? PEP Dividend | PESI Dividend