QURE Dividend Type Payments
Although QURE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on uniQure N.V. - 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):
| uniQure N.V. - Ordinary Shares (QURE) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 27.23 |
27.92 |
27.51 |
-0.12 |
602K |
- |
1.7B |
QURE Dividend-Like Income Using Covered Calls
With QURE at 27.51, 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% |
0.83 |
0.2 |
| 5% |
1.38 |
0.4 |
| 10% |
2.75 |
0.8 |
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 QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
28.00 |
3.40 |
22 |
15.5 |
0.08 (0.3%) |
| Jan 16 |
100.00 |
0.20 |
50 |
0.4 |
72.08 (262.0%) |
| 5% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
28.00 |
3.40 |
22 |
15.5 |
0.08 (0.3%) |
| Jan 16 |
100.00 |
0.20 |
50 |
0.4 |
72.08 (262.0%) |
| 10% Yield On QURE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
28.00 |
3.40 |
22 |
15.5 |
0.08 (0.3%) |
| Jan 16 |
28.00 |
5.40 |
50 |
10.8 |
0.08 (0.3%) |
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