WEN Dividend Type Payments

Wendy's Company (The) dividend

Although WEN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Wendy's Company (The) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

Wendy's Company (The) (WEN)
Bid Ask Last Change Volume P/E Market Cap
12.97 13.60 13.12 +0.70 6.4M 13 2.5B

WEN Dividend-Like Income Using Covered Calls

With WEN at 13.12, 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% 0.39 0.1
5% 0.66 0.2
10% 1.31 0.4

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 WEN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 14.00 0.70 129 0.5 0.40 (3.0%)
May 16 14.00 0.25 38 0.7 0.40 (3.0%)
5% Yield On WEN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 14.00 0.70 129 0.5 0.40 (3.0%)
May 16 14.00 0.25 38 0.7 0.40 (3.0%)
10% Yield On WEN Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 14.00 0.70 129 0.5 0.40 (3.0%)
May 16 14.00 0.25 38 0.7 0.40 (3.0%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Apr 17 Expiration     Top 5 High Yield
1.SPY dividend 6.IWM dividend   1.SMR dividend
2.NVDA dividend 7.NIO dividend   2.AUR dividend
3.SLV dividend 8.TSLA dividend   3.U dividend
4.ASHR dividend 9.EEM dividend   4.RUN dividend
5.QQQ dividend 10.TLT dividend   5.CLF dividend

Want more examples? WELL Dividend | WERN Dividend