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 Wed 11:20 AM ET):
| uniQure N.V. - Ordinary Shares (QURE) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 12.94 |
12.98 |
12.96 |
-0.20 |
291K |
- |
0.6B |
QURE Dividend-Like Income Using Covered Calls
With QURE at 12.96, 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% |
0.39 |
0.1 |
| 5% |
0.65 |
0.2 |
| 10% |
1.30 |
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 |
| Apr 17 |
13.00 |
1.40 |
65 |
2.2 |
0.02 (0.2%) |
| Jul 18 |
13.00 |
2.95 |
157 |
1.9 |
0.02 (0.2%) |
| 5% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Apr 17 |
13.00 |
1.40 |
65 |
2.2 |
0.02 (0.2%) |
| Jul 18 |
13.00 |
2.95 |
157 |
1.9 |
0.02 (0.2%) |
| 10% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Apr 17 |
13.00 |
1.40 |
65 |
2.2 |
0.02 (0.2%) |
| Jul 18 |
13.00 |
2.95 |
157 |
1.9 |
0.02 (0.2%) |
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