RGC Dividend Type Payments

Regencell Bioscience Holdings Limited - Ordinary Shares dividend

Although RGC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Regencell Bioscience Holdings Limited - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

Regencell Bioscience Holdings Limited - Ordinary Shares (RGC)
Bid Ask Last Change Volume P/E Market Cap
27.50 28.30 27.89 -4.39 210K - 16B

RGC Dividend-Like Income Using Covered Calls

With RGC at 27.89, 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% 0.84 0.2
5% 1.39 0.4
10% 2.79 0.8

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 RGC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 18 30.00 4.50 141 3.2 1.70 (6.1%)
Sep 18 30.00 5.50 233 2.4 1.70 (6.1%)
5% Yield On RGC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 18 30.00 4.50 141 3.2 1.70 (6.1%)
Sep 18 30.00 5.50 233 2.4 1.70 (6.1%)
10% Yield On RGC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jun 18 30.00 4.50 141 3.2 1.70 (6.1%)
Sep 18 30.00 5.50 233 2.4 1.70 (6.1%)

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