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 Fri 3:45 PM ET):
| KANZHUN LIMITED - American Depository Shares (BZ) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 18.58 | 18.59 | 18.59 | -0.36 | 568K | 67 | 0.0B |
BZ Dividend-Like Income Using Covered Calls
With BZ at 18.59, 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% | 0.56 | 0.2 |
| 5% | 0.93 | 0.3 |
| 10% | 1.86 | 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 BZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 20.00 | 0.40 | 36 | 1.1 | 1.41 (7.6%) | |
| Oct 17 | 20.00 | 1.15 | 99 | 1.2 | 1.41 (7.6%) | |
| 5% Yield On BZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 20.00 | 0.40 | 36 | 1.1 | 1.41 (7.6%) | |
| Oct 17 | 20.00 | 1.15 | 99 | 1.2 | 1.41 (7.6%) | |
| 10% Yield On BZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 20.00 | 0.40 | 36 | 1.1 | 1.41 (7.6%) | |
| Oct 17 | 20.00 | 1.15 | 99 | 1.2 | 1.41 (7.6%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | NFE dividend | |
| 2. | SLV dividend | 7. | AAPL dividend | 2. | CELC dividend | |
| 3. | SPY dividend | 8. | IBIT dividend | 3. | APPS dividend | |
| 4. | TSLA dividend | 9. | TLT dividend | 4. | BRSL dividend | |
| 5. | IWM dividend | 10. | QQQ dividend | 5. | PROK dividend | |
Want more examples? BYSI Dividend | BZH Dividend
