NIU Dividend Type Payments
Although NIU has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Niu Technologies - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:10 PM ET):
Niu Technologies - American Depositary Shares (NIU) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
1.99 |
2.00 |
2.00 |
-0.10 |
281K |
- |
0.0B |
NIU Dividend-Like Income Using Covered Calls
With NIU at 2.00, 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% |
0.06 |
0.0 |
5% |
0.10 |
0.0 |
10% |
0.20 |
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 NIU Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Nov 15 |
2.50 |
0.10 |
52 |
0.2 |
0.50 (25.0%) |
Dec 20 |
2.50 |
0.10 |
87 |
0.1 |
0.50 (25.0%) |
5% Yield On NIU Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Nov 15 |
2.50 |
0.10 |
52 |
0.2 |
0.50 (25.0%) |
Dec 20 |
2.50 |
0.10 |
87 |
0.1 |
0.50 (25.0%) |
10% Yield On NIU Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Nov 15 |
2.50 |
0.10 |
52 |
0.2 |
0.50 (25.0%) |
Dec 20 |
2.50 |
0.10 |
87 |
0.1 |
0.50 (25.0%) |
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