PWP Dividend Type Payments

Although PWP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Perella Weinberg Partners - Class A 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):

Perella Weinberg Partners - Class A (PWP)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
7.99	21.79	20.03	+0.64	702K	21	1.7B

PWP Dividend-Like Income Using Covered Calls

With PWP at 20.03, 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%	0.60	0.2
5%	1.00	0.3
10%	2.00	0.5

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 PWP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 21	22.50	0.10	29	0.3	0.71 (3.5%)

5% Yield On PWP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 21	22.50	0.10	29	0.3	0.71 (3.5%)

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4.	SLV dividend	9.	QQQ dividend	4.	RXRX dividend
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Want more examples? PWER Dividend | PWR Dividend