BBD Dividend Type Payments

Banco Bradesco Sa American Depositary Shares dividend

Although BBD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Banco Bradesco Sa American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 3:15 PM ET):

Banco Bradesco Sa American Depositary Shares (BBD)
Bid Ask Last Change Volume P/E Market Cap
2.39 2.40 2.40 +0.02 28.5M - 12B

BBD Dividend-Like Income Using Covered Calls

With BBD at 2.40, 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% 0.07 0.0
5% 0.12 0.0
10% 0.24 0.1

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 BBD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 17 2.50 0.05 61 0.1 0.10 (4.2%)
Mar 21 2.50 0.05 124 0.0 0.10 (4.2%)
5% Yield On BBD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 17 2.50 0.05 61 0.1 0.10 (4.2%)
Mar 21 2.50 0.05 124 0.0 0.10 (4.2%)
10% Yield On BBD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 17 2.50 0.05 61 0.1 0.10 (4.2%)

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

 
 
Top 10 Open Interest For Dec 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.QQQ dividend   1.SAVA dividend
2.SPY dividend 7.XLF dividend   2.NMRA dividend
3.EEM dividend 8.KWEB dividend   3.CRVS dividend
4.FXI dividend 9.TLT dividend   4.ANAB dividend
5.IWM dividend 10.KRE dividend   5.RCAT dividend

Want more examples? BBCA Dividend | BBDC Dividend