CRNT Dividend Type Payments
Although CRNT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Ceragon Networks 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 Tue 4:16 PM ET):
Ceragon Networks Ltd. - Ordinary Shares (CRNT) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
2.10 | 2.19 | 2.11 | +0.01 | 662K | 7.8 | 0.2B |
CRNT Dividend-Like Income Using Covered Calls
With CRNT at 2.11, 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% | 0.06 | 0.0 |
5% | 0.11 | 0.0 |
10% | 0.21 | 0.1 |
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 CRNT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 3.00 | 0.05 | 32 | 0.2 | 0.81 (38.4%) | |
Sep 19 | 3.00 | 0.05 | 158 | 0.0 | 0.81 (38.4%) |
5% Yield On CRNT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 3.00 | 0.05 | 32 | 0.2 | 0.81 (38.4%) | |
Sep 19 | 3.00 | 0.05 | 158 | 0.0 | 0.81 (38.4%) |
10% Yield On CRNT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 3.00 | 0.05 | 32 | 0.2 | 0.81 (38.4%) | |
Dec 19 | 3.00 | 0.25 | 249 | 0.1 | 0.81 (38.4%) |
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Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | IBKR dividend | |
2. | SPY dividend | 7. | TSLA dividend | 2. | MNMD dividend | |
3. | QQQ dividend | 8. | NIO dividend | 3. | ROKU dividend | |
4. | ASHR dividend | 9. | TLT dividend | 4. | UPST dividend | |
5. | IWM dividend | 10. | EEM dividend | 5. | UNH dividend |
Want more examples? CRNC Dividend | CRON Dividend