WD Dividend Type Payments

Walker & Dunlop, Inc dividend

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 Fri 10:30 AM ET):

Walker & Dunlop, Inc (WD)
Bid Ask Last Change Volume P/E Market Cap
66.10 66.66 66.22 -0.58 11K 23 2.3B

WD Dividend-Like Income Using Covered Calls

With WD at 66.22, 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% 1.99 0.5
5% 3.31 0.9
10% 6.62 1.8

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 WD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 70.00 0.90 85 1.1 3.34 (5.0%)
Jul 18 70.00 0.35 57 0.6 3.34 (5.0%)
5% Yield On WD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 70.00 0.90 85 1.1 3.34 (5.0%)
Jun 20 70.00 0.85 29 2.9 3.34 (5.0%)
10% Yield On WD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 20 70.00 0.85 29 2.9 3.34 (5.0%)

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