HTHT Dividend Type Payments
Although HTHT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on H World Group Limited - 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 Tue 4:16 PM ET):
H World Group Limited - American Depositary Shares (HTHT) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
33.00 | 35.65 | 34.55 | +0.34 | 870K | 259 | 1.2B |
HTHT Dividend-Like Income Using Covered Calls
With HTHT at 34.55, 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% | 1.04 | 0.3 |
5% | 1.73 | 0.5 |
10% | 3.46 | 0.9 |
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 HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 40.00 | 1.20 | 179 | 0.7 | 4.35 (12.6%) |
5% Yield On HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 40.00 | 1.20 | 179 | 0.7 | 4.35 (12.6%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | TSLA dividend | 1. | ALT dividend | |
2. | SLV dividend | 7. | IWM dividend | 2. | COGT dividend | |
3. | SPY dividend | 8. | AAPL dividend | 3. | BB dividend | |
4. | GLD dividend | 9. | FXI dividend | 4. | NVTS dividend | |
5. | TLT dividend | 10. | QQQ dividend | 5. | CELC dividend |
Want more examples? HTH Dividend | HTLD Dividend