RDNT Dividend Type Payments

RadNet, Inc. dividend

Although RDNT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on RadNet, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 1:45 PM ET):

RadNet, Inc. (RDNT)
Bid Ask Last Change Volume P/E Market Cap
67.61 67.81 67.69 -0.30 122K 486 5.0B

RDNT Dividend-Like Income Using Covered Calls

With RDNT at 67.69, 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% 2.03 0.6
5% 3.38 0.9
10% 6.77 1.9

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 RDNT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 70.00 2.15 11 19.5 2.19 (3.2%)
Dec 20 70.00 3.70 46 8.0 2.19 (3.2%)
5% Yield On RDNT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 70.00 2.15 11 19.5 2.19 (3.2%)
Dec 20 70.00 3.70 46 8.0 2.19 (3.2%)
10% Yield On RDNT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 70.00 2.15 11 19.5 2.19 (3.2%)
Dec 20 70.00 3.70 46 8.0 2.19 (3.2%)

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Top 10 Open Interest For Nov 15 Expiration     Top 5 High Yield
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3.SLV dividend 8.EWZ dividend   3.FSLY dividend
4.SPY dividend 9.TSLA dividend   4.RUM dividend
5.EEM dividend 10.QQQ dividend   5.AFRM dividend

Want more examples? RDN Dividend | RDOG Dividend