SE Dividend Type Payments
Although SE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Sea Limited American Depositary Shares, each representing one Class A Or to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
| Sea Limited American Depositary Shares, each representing one Class A Or (SE) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 150.00 | 150.94 | 149.94 | -3.62 | 7.1M | 208 | 0.0B |
SE Dividend-Like Income Using Covered Calls
With SE at 149.94, 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% | 4.50 | 1.2 |
| 5% | 7.50 | 2.1 |
| 10% | 14.99 | 4.1 |
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 SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 155.00 | 7.80 | 29 | 26.9 | 4.06 (2.7%) | |
| Dec 12 | 155.00 | 7.90 | 36 | 21.9 | 4.06 (2.7%) | |
| 5% Yield On SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 155.00 | 7.80 | 29 | 26.9 | 4.06 (2.7%) | |
| Dec 12 | 155.00 | 7.90 | 36 | 21.9 | 4.06 (2.7%) | |
| 10% Yield On SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 155.00 | 7.80 | 29 | 26.9 | 4.06 (2.7%) | |
| Dec 12 | 155.00 | 7.90 | 36 | 21.9 | 4.06 (2.7%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | ONDS dividend | |
| 2. | NVDA dividend | 7. | ASST dividend | 2. | NBIS dividend | |
| 3. | KVUE dividend | 8. | INTC dividend | 3. | OKLO dividend | |
| 4. | SLV dividend | 9. | SPY dividend | 4. | WULF dividend | |
| 5. | GLD dividend | 10. | HYG dividend | 5. | BE dividend | |
Want more examples? SDY Dividend | SEA Dividend
