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 Tue 4:16 PM ET):
| Liberty Global Ltd. - Class C Common Shares (LBTYK) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 9.49 | 15.26 | 10.11 | +0.09 | 1.2M | - | 3.5B |
LBTYK Dividend-Like Income Using Covered Calls
With LBTYK at 10.11, 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% | 0.51 | 0.1 |
| 10% | 1.01 | 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:
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. | KALV dividend | |
Want more examples? LBTYA Dividend | LC Dividend
