GLNG Dividend Type Payments

Although GLNG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Golar LNG Limited - Common Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 10:15 AM ET):

Golar LNG Limited - Common Shares (GLNG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
36.63	36.70	36.69	+0.27	116K	76	4.0B

GLNG Dividend-Like Income Using Covered Calls

With GLNG at 36.69, 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%	1.10	0.3
5%	1.83	0.5
10%	3.67	1.0

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 GLNG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	37.00	0.50	24	2.1	0.30 (0.8%)
Jan 16	37.00	1.55	52	3.0	0.30 (0.8%)

5% Yield On GLNG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	37.00	0.50	24	2.1	0.30 (0.8%)
Jan 16	37.00	1.55	52	3.0	0.30 (0.8%)

10% Yield On GLNG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	37.00	0.50	24	2.1	0.30 (0.8%)
Jan 16	37.00	1.55	52	3.0	0.30 (0.8%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Dec 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	RZLT dividend
2.	IBIT dividend	7.	SLV dividend	2.	IMNM dividend
3.	IWM dividend	8.	GLD dividend	3.	ALT dividend
4.	SPY dividend	9.	TLT dividend	4.	IREN dividend
5.	QQQ dividend	10.	FXI dividend	5.	BMNR dividend

Want more examples? GLL Dividend | GLOB Dividend