QURE Dividend Type Payments
Although QURE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on uniQure N.V. - 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):
uniQure N.V. - Ordinary Shares (QURE) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
13.87 |
14.00 |
13.85 |
-2.07 |
2.0M |
- |
0.8B |
QURE Dividend-Like Income Using Covered Calls
With QURE at 13.85, 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% |
0.42 |
0.1 |
5% |
0.69 |
0.2 |
10% |
1.39 |
0.4 |
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 QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Jan 17 |
15.00 |
0.20 |
8 |
2.5 |
1.00 (7.2%) |
Apr 17 |
14.00 |
2.00 |
98 |
2.0 |
0.00 (0.0%) |
5% Yield On QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Jan 17 |
15.00 |
0.20 |
8 |
2.5 |
1.00 (7.2%) |
Apr 17 |
14.00 |
2.00 |
98 |
2.0 |
0.00 (0.0%) |
10% Yield On QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Jan 17 |
15.00 |
0.20 |
8 |
2.5 |
1.00 (7.2%) |
Apr 17 |
14.00 |
2.00 |
98 |
2.0 |
0.00 (0.0%) |
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