CRESY Dividend Type Payments

Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing t dividend

Although CRESY has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing t to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 11:00 AM ET):

Cresud S.A.C.I.F. y A. - American Depositary Shares, each representing t (CRESY)
Bid Ask Last Change Volume P/E Market Cap
9.14 9.19 9.16 -0.16 41K 76 0.1B

CRESY Dividend-Like Income Using Covered Calls

With CRESY at 9.16, 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% 0.27 0.1
5% 0.46 0.1
10% 0.92 0.3

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 CRESY Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 10.00 0.15 59 0.3 0.81 (8.8%)
Nov 21 10.00 0.05 31 0.2 0.81 (8.8%)
5% Yield On CRESY Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 10.00 0.15 59 0.3 0.81 (8.8%)
Nov 21 10.00 0.05 31 0.2 0.81 (8.8%)
10% Yield On CRESY Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 10.00 0.15 59 0.3 0.81 (8.8%)
Nov 21 12.50 0.15 31 0.5 3.31 (36.1%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.IBIT dividend 6.TLT dividend   1.INBX dividend
2.KVUE dividend 7.HYG dividend   2.BHVN dividend
3.NVDA dividend 8.EEM dividend   3.BITF dividend
4.SLV dividend 9.QQQ dividend   4.CIFR dividend
5.GLD dividend 10.INTC dividend   5.SOUN dividend

Want more examples? CRED Dividend | CRH Dividend