LBTYA Dividend Type Payments
Although LBTYA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Global Ltd. - Class A Common Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:00 PM ET):
Liberty Global Ltd. - Class A Common Shares (LBTYA) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
9.84 | 9.85 | 9.85 | +0.08 | 908K | - | 3.4B |
LBTYA Dividend-Like Income Using Covered Calls
With LBTYA at 9.85, 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% | 0.30 | 0.1 |
5% | 0.49 | 0.1 |
10% | 0.99 | 0.3 |
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 LBTYA Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 10.00 | 0.80 | 151 | 0.5 | 0.15 (1.5%) | |
Jul 18 | 10.00 | 0.40 | 60 | 0.7 | 0.15 (1.5%) |
5% Yield On LBTYA Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 10.00 | 0.80 | 151 | 0.5 | 0.15 (1.5%) | |
Jul 18 | 10.00 | 0.40 | 60 | 0.7 | 0.15 (1.5%) |
10% Yield On LBTYA Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 10.00 | 0.80 | 151 | 0.5 | 0.15 (1.5%) | |
Jul 18 | 10.00 | 0.40 | 60 | 0.7 | 0.15 (1.5%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Jun 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | IWM dividend | 1. | URGN dividend | |
2. | SPY dividend | 7. | GLD dividend | 2. | HIMS dividend | |
3. | SLV dividend | 8. | FXI dividend | 3. | ZIM dividend | |
4. | QQQ dividend | 9. | TSLA dividend | 4. | NBIS dividend | |
5. | EEM dividend | 10. | XLF dividend | 5. | CAPR dividend |
Want more examples? LBRT Dividend | LBTYK Dividend