WIX Dividend Type Payments

Although WIX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Wix.com 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 Wed 4:16 PM ET):

Wix.com Ltd. - Ordinary Shares (WIX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
159.07	167.00	164.58	+3.55	659K	68	9.0B

WIX Dividend-Like Income Using Covered Calls

With WIX at 164.58, 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%	4.94	1.4
5%	8.23	2.3
10%	16.46	4.5

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 WIX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	170.00	7.80	45	17.3	3.00 (1.8%)
Oct 17	170.00	11.00	108	10.2	3.00 (1.8%)

5% Yield On WIX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	170.00	7.80	45	17.3	3.00 (1.8%)
Oct 17	170.00	11.00	108	10.2	3.00 (1.8%)

10% Yield On WIX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	170.00	7.80	45	17.3	3.00 (1.8%)
Oct 17	170.00	11.00	108	10.2	3.00 (1.8%)

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Want more examples? WIT Dividend | WK Dividend