HUYA Dividend Type Payments
Although HUYA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on HUYA Inc. American depositary shares, each representing one Class A ord to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
| HUYA Inc. American depositary shares, each representing one Class A ord (HUYA) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 2.67 | 2.73 | 2.71 | -0.01 | 871K | - | 0.0B |
HUYA Dividend-Like Income Using Covered Calls
With HUYA at 2.71, 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% | 0.08 | 0.0 |
| 5% | 0.14 | 0.0 |
| 10% | 0.27 | 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:
| 3% Yield On HUYA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 5.00 | 0.05 | 162 | 0.0 | 2.27 (83.8%) | |
| Jan 15 | 5.00 | 0.30 | 435 | 0.1 | 2.27 (83.8%) | |
| 5% Yield On HUYA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 15 | 5.00 | 0.30 | 435 | 0.1 | 2.27 (83.8%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | ONDS dividend | |
| 2. | NVDA dividend | 7. | ASST dividend | 2. | NBIS dividend | |
| 3. | KVUE dividend | 8. | INTC dividend | 3. | OKLO dividend | |
| 4. | SLV dividend | 9. | SPY dividend | 4. | WULF dividend | |
| 5. | GLD dividend | 10. | HYG dividend | 5. | BE dividend | |
Want more examples? HUSV Dividend | HVT Dividend
