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 Mon 11:05 AM ET):
uniQure N.V. - Ordinary Shares (QURE) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
6.05 |
6.07 |
6.06 |
-0.14 |
188K |
- |
0.3B |
QURE Dividend-Like Income Using Covered Calls
With QURE at 6.06, 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% |
0.18 |
0.0 |
5% |
0.30 |
0.1 |
10% |
0.61 |
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 QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Dec 20 |
11.00 |
0.10 |
33 |
0.3 |
4.93 (81.4%) |
Jan 17 |
10.00 |
0.35 |
61 |
0.6 |
3.93 (64.9%) |
5% Yield On QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Dec 20 |
11.00 |
0.10 |
33 |
0.3 |
4.93 (81.4%) |
Jan 17 |
10.00 |
0.35 |
61 |
0.6 |
3.93 (64.9%) |
10% Yield On QURE Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Dec 20 |
11.00 |
0.10 |
33 |
0.3 |
4.93 (81.4%) |
Jan 17 |
10.00 |
0.35 |
61 |
0.6 |
3.93 (64.9%) |
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