RDWR Dividend Type Payments
Although RDWR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Radware 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 1:50 PM ET):
| Radware Ltd. - Ordinary Shares (RDWR) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 22.52 | 22.59 | 22.57 | +0.34 | 91K | 61 | 1.0B |
RDWR Dividend-Like Income Using Covered Calls
With RDWR at 22.57, 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% | 0.68 | 0.2 |
| 5% | 1.13 | 0.3 |
| 10% | 2.26 | 0.6 |
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 RDWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 23.00 | 0.70 | 32 | 2.2 | 0.41 (1.8%) | |
| Nov 21 | 23.00 | 0.10 | 4 | 2.5 | 0.41 (1.8%) | |
| 5% Yield On RDWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 23.00 | 0.70 | 32 | 2.2 | 0.41 (1.8%) | |
| Nov 21 | 23.00 | 0.10 | 4 | 2.5 | 0.41 (1.8%) | |
| 10% Yield On RDWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 23.00 | 0.70 | 32 | 2.2 | 0.41 (1.8%) | |
| Nov 21 | 23.00 | 0.10 | 4 | 2.5 | 0.41 (1.8%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SPY dividend | 1. | IMNM dividend | |
| 2. | IBIT dividend | 7. | SLV dividend | 2. | OLMA dividend | |
| 3. | KVUE dividend | 8. | QQQ dividend | 3. | GLBE dividend | |
| 4. | NFLX dividend | 9. | TLT dividend | 4. | WVE dividend | |
| 5. | TSLA dividend | 10. | HYG dividend | 5. | AGIO dividend | |
Want more examples? RDOG Dividend | RDY Dividend
