BSBR Dividend Type Payments
Although BSBR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Banco Santander Brasil SA American Depositary Shares, each representing to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:10 PM ET):
| Banco Santander Brasil SA American Depositary Shares, each representing (BSBR) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 5.11 | 5.12 | 5.11 | +0.04 | 405K | 18 | 0.0B |
BSBR Dividend-Like Income Using Covered Calls
With BSBR at 5.11, 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% | 0.15 | 0.0 |
| 5% | 0.26 | 0.1 |
| 10% | 0.51 | 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:
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | INTC dividend | 1. | AREC dividend | |
| 2. | IBIT dividend | 7. | SLV dividend | 2. | ABAT dividend | |
| 3. | SPY dividend | 8. | AMZN dividend | 3. | NB dividend | |
| 4. | GLD dividend | 9. | QQQ dividend | 4. | NPWR dividend | |
| 5. | TSLA dividend | 10. | OPEN dividend | 5. | METC dividend | |
Want more examples? BSAC Dividend | BSET Dividend
