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 |
| 17.27 |
17.32 |
17.27 |
-0.14 |
1.9M |
- |
0.0B |
BILI Dividend-Like Income Using Covered Calls
With BILI at 17.27, 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% |
0.52 |
0.1 |
| 5% |
0.86 |
0.2 |
| 10% |
1.73 |
0.5 |
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 BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 2 |
17.50 |
0.38 |
5 |
7.6 |
0.18 (1.0%) |
| Jun 6 |
17.50 |
1.39 |
40 |
3.5 |
0.18 (1.0%) |
| 5% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 2 |
17.50 |
0.38 |
5 |
7.6 |
0.18 (1.0%) |
| Jun 6 |
17.50 |
1.39 |
40 |
3.5 |
0.18 (1.0%) |
| 10% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| May 2 |
17.50 |
0.38 |
5 |
7.6 |
0.18 (1.0%) |
| Jun 6 |
17.50 |
1.39 |
40 |
3.5 |
0.18 (1.0%) |
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