WB Dividend Type Payments

Weibo Corporation - American Depositary Shares dividend

Although WB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Weibo Corporation - 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 Thu 4:16 PM ET):

Weibo Corporation - American Depositary Shares (WB)
Bid Ask Last Change Volume P/E Market Cap
9.78 9.95 9.76 +0.02 707K 7.1 0.2B

WB Dividend-Like Income Using Covered Calls

With WB at 9.76, 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% 0.29 0.1
5% 0.49 0.1
10% 0.98 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:

3% Yield On WB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 10.00 0.30 37 0.8 0.05 (0.5%)
Oct 17 10.00 0.75 100 0.8 0.05 (0.5%)
5% Yield On WB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 10.00 0.30 37 0.8 0.05 (0.5%)
Oct 17 10.00 0.75 100 0.8 0.05 (0.5%)
10% Yield On WB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 10.00 0.30 37 0.8 0.05 (0.5%)
Oct 17 10.00 0.75 100 0.8 0.05 (0.5%)

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