BZ Dividend Type Payments
Although BZ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KANZHUN LIMITED - American Depository 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):
KANZHUN LIMITED - American Depository Shares (BZ) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
12.66 | 12.95 | 12.73 | +0.18 | 1.7M | 58 | 0.0B |
BZ Dividend-Like Income Using Covered Calls
With BZ at 12.73, 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% | 0.38 | 0.1 |
5% | 0.64 | 0.2 |
10% | 1.27 | 0.3 |
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 BZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 15.00 | 0.60 | 117 | 0.5 | 2.05 (16.1%) | |
Apr 17 | 15.00 | 1.00 | 207 | 0.5 | 2.05 (16.1%) |
5% Yield On BZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 15.00 | 0.60 | 117 | 0.5 | 2.05 (16.1%) | |
Apr 17 | 15.00 | 1.00 | 207 | 0.5 | 2.05 (16.1%) |
10% Yield On BZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 15.00 | 0.60 | 117 | 0.5 | 2.05 (16.1%) | |
Apr 17 | 15.00 | 1.00 | 207 | 0.5 | 2.05 (16.1%) |
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Top 10 Open Interest For Oct 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | WULF dividend | |
2. | IWM dividend | 7. | GLD dividend | 2. | CPRI dividend | |
3. | SPY dividend | 8. | TLT dividend | 3. | DJT dividend | |
4. | QQQ dividend | 9. | EEM dividend | 4. | MSTR dividend | |
5. | HYG dividend | 10. | AAPL dividend | 5. | SMCI dividend |
Want more examples? BYSI Dividend | BZH Dividend