BILI Dividend Type Payments
Although BILI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Bilibili Inc. - 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 4:16 PM ET):
| Bilibili Inc. - American Depositary Shares (BILI) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 31.73 |
31.92 |
31.78 |
+2.61 |
8.0M |
400 |
0.0B |
BILI Dividend-Like Income Using Covered Calls
With BILI at 31.78, 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% |
0.95 |
0.3 |
| 5% |
1.59 |
0.4 |
| 10% |
3.18 |
0.9 |
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 BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
32.00 |
1.55 |
26 |
6.0 |
0.08 (0.3%) |
| Feb 13 |
32.00 |
1.75 |
33 |
5.3 |
0.08 (0.3%) |
| 5% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
32.00 |
1.55 |
26 |
6.0 |
0.08 (0.3%) |
| Feb 13 |
32.00 |
1.75 |
33 |
5.3 |
0.08 (0.3%) |
| 10% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
32.00 |
1.55 |
26 |
6.0 |
0.08 (0.3%) |
| Feb 13 |
32.00 |
1.75 |
33 |
5.3 |
0.08 (0.3%) |
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