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 Tue 11:15 AM ET):
Sea Limited American Depositary Shares, each representing one Class A Or (SE) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
179.79 | 180.04 | 179.84 | -2.76 | 1.0M | 247 | 0.0B |
SE Dividend-Like Income Using Covered Calls
With SE at 179.84, 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% | 5.40 | 1.5 |
5% | 8.99 | 2.5 |
10% | 17.98 | 4.9 |
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 | |
Nov 7 | 180.00 | 8.10 | 25 | 32.2 | 0.00 (0.0%) | |
Nov 14 | 180.00 | 11.15 | 32 | 34.7 | 0.00 (0.0%) |
5% Yield On SE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 7 | 180.00 | 8.10 | 25 | 32.2 | 0.00 (0.0%) | |
Nov 14 | 180.00 | 11.15 | 32 | 34.7 | 0.00 (0.0%) |
10% Yield On SE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 7 | 180.00 | 8.10 | 25 | 32.2 | 0.00 (0.0%) | |
Nov 14 | 180.00 | 11.15 | 32 | 34.7 | 0.00 (0.0%) |
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Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | AIV dividend | |
2. | IBIT dividend | 7. | INTC dividend | 2. | AREC dividend | |
3. | GLD dividend | 8. | AMZN dividend | 3. | ABAT dividend | |
4. | SPY dividend | 9. | QQQ dividend | 4. | POWI dividend | |
5. | TSLA dividend | 10. | IWM dividend | 5. | KURA dividend |
Want more examples? SDY Dividend | SEA Dividend