WD Dividend Type Payments
Although WD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Walker & Dunlop, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):
Walker & Dunlop, Inc (WD) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
103.38 | 117.32 | 110.40 | -0.43 | 204K | 43 | 3.7B |
WD Dividend-Like Income Using Covered Calls
With WD at 110.40, 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% | 3.31 | 0.9 |
5% | 5.52 | 1.5 |
10% | 11.04 | 3.0 |
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 WD Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 15 | 120.00 | 0.95 | 40 | 2.4 | 2.68 (2.4%) | |
May 16 | 120.00 | 6.70 | 222 | 3.0 | 2.68 (2.4%) |
5% Yield On WD Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 15 | 120.00 | 0.95 | 40 | 2.4 | 2.68 (2.4%) | |
May 16 | 120.00 | 6.70 | 222 | 3.0 | 2.68 (2.4%) |
10% Yield On WD Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Apr 17 | 120.00 | 6.00 | 193 | 3.1 | 2.68 (2.4%) | |
Feb 21 | 120.00 | 4.90 | 138 | 3.6 | 2.68 (2.4%) |
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Top 10 Open Interest For Oct 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | ASTS dividend | |
2. | IWM dividend | 7. | SLV dividend | 2. | LYFT dividend | |
3. | SPY dividend | 8. | SMCI dividend | 3. | AEHR dividend | |
4. | FXI dividend | 9. | KWEB dividend | 4. | JOBY dividend | |
5. | QQQ dividend | 10. | HYG dividend | 5. | COIN dividend |
Want more examples? WCN Dividend | WDAY Dividend