ALLT Dividend Type Payments

Allot Ltd. - Ordinary Shares dividend

Although ALLT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Allot 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 Thu 10:45 AM ET):

Allot Ltd. - Ordinary Shares (ALLT)
Bid Ask Last Change Volume P/E Market Cap
8.04 8.10 8.10 -0.20 159K - 0.3B

ALLT Dividend-Like Income Using Covered Calls

With ALLT at 8.10, 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% 0.24 0.1
5% 0.41 0.1
10% 0.81 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 ALLT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 10.00 0.60 128 0.5 1.90 (23.5%)
Dec 19 10.00 1.00 219 0.5 1.90 (23.5%)
5% Yield On ALLT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 10.00 0.60 128 0.5 1.90 (23.5%)
Dec 19 10.00 1.00 219 0.5 1.90 (23.5%)
10% Yield On ALLT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 10.00 0.60 128 0.5 1.90 (23.5%)
Dec 19 10.00 1.00 219 0.5 1.90 (23.5%)

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