LB Dividend
Although LB has a dividend of 0.10 with an ex-dividend date of Dec 5, you can sell covered calls on LandBridge Company LLC Class A Shares Representing Limited Liability Com 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):
| LandBridge Company LLC Class A Shares Representing Limited Liability Com (LB) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 65.50 | 68.00 | 66.70 | -2.17 | 250K | - | 0.0B |
LB Dividend-Like Income Using Covered Calls
With LB at 66.70, 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% | 2.00 | 0.5 |
| 5% | 3.34 | 0.9 |
| 10% | 6.67 | 1.8 |
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 LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 20 | 70.00 | 2.50 | 33 | 7.6 | 2.00 (3.0%) | |
| May 16 | 100.00 | 2.00 | 180 | 1.1 | 32.00 (48.0%) | |
| 5% Yield On LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 20 | 70.00 | 2.50 | 33 | 7.6 | 2.00 (3.0%) | |
| May 16 | 100.00 | 2.00 | 180 | 1.1 | 32.00 (48.0%) | |
| 10% Yield On LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 20 | 70.00 | 2.50 | 33 | 7.6 | 2.00 (3.0%) | |
| May 16 | 70.00 | 10.00 | 180 | 5.6 | 2.00 (3.0%) | |
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| Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | QQQ dividend | 1. | SAVA dividend | |
| 2. | SPY dividend | 7. | XLF dividend | 2. | CRVS dividend | |
| 3. | EEM dividend | 8. | KWEB dividend | 3. | ANAB dividend | |
| 4. | FXI dividend | 9. | TLT dividend | 4. | APP dividend | |
| 5. | IWM dividend | 10. | KRE dividend | 5. | RCAT dividend | |
Want more examples? LAZR Dividend | LBAY Dividend
