LBTYK Dividend Type Payments
Although LBTYK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Global Ltd. - Class C Common Shares 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):
Liberty Global Ltd. - Class C Common Shares (LBTYK) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
12.11 | 12.39 | 12.29 | -0.16 | 2.8M | - | 4.5B |
LBTYK Dividend-Like Income Using Covered Calls
With LBTYK at 12.29, 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% | 0.37 | 0.1 |
5% | 0.61 | 0.2 |
10% | 1.23 | 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 LBTYK Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 12.50 | 0.25 | 33 | 0.8 | 0.11 (0.9%) | |
Jan 17 | 12.50 | 0.45 | 61 | 0.7 | 0.11 (0.9%) |
5% Yield On LBTYK Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 12.50 | 0.25 | 33 | 0.8 | 0.11 (0.9%) | |
Jan 17 | 12.50 | 0.45 | 61 | 0.7 | 0.11 (0.9%) |
10% Yield On LBTYK Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 12.50 | 0.25 | 33 | 0.8 | 0.11 (0.9%) | |
Jan 17 | 12.50 | 0.45 | 61 | 0.7 | 0.11 (0.9%) |
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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? LBTYA Dividend | LC Dividend