RDWR Dividend Type Payments
Although RDWR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Radware 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):
Radware Ltd. - Ordinary Shares (RDWR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
17.50 | 23.19 | 21.19 | +0.20 | 56K | - | 1.0B |
RDWR Dividend-Like Income Using Covered Calls
With RDWR at 21.19, 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% | 0.64 | 0.2 |
5% | 1.06 | 0.3 |
10% | 2.12 | 0.6 |
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 RDWR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Apr 17 | 24.00 | 0.10 | 35 | 0.3 | 0.81 (3.8%) | |
Sep 19 | 24.00 | 1.30 | 190 | 0.7 | 0.81 (3.8%) |
5% Yield On RDWR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 24.00 | 1.30 | 190 | 0.7 | 0.81 (3.8%) | |
Jun 20 | 24.00 | 0.70 | 99 | 0.7 | 0.81 (3.8%) |
10% Yield On RDWR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 24.00 | 1.30 | 190 | 0.7 | 0.81 (3.8%) | |
Jun 20 | 24.00 | 0.70 | 99 | 0.7 | 0.81 (3.8%) |
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Top 10 Open Interest For Mar 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | QBTS dividend | |
2. | SPY dividend | 7. | KWEB dividend | 2. | ZIM dividend | |
3. | IWM dividend | 8. | TSLA dividend | 3. | RGTI dividend | |
4. | FXI dividend | 9. | INTC dividend | 4. | SLNO dividend | |
5. | QQQ dividend | 10. | TLT dividend | 5. | SOUN dividend |
Want more examples? RDUS Dividend | RDY Dividend