WB Dividend Type Payments

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 Fri 4:16 PM ET):

Weibo Corporation - American Depositary Shares (WB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
12.11	12.27	12.25	+0.34	1.5M	8.3	0.2B

WB Dividend-Like Income Using Covered Calls

With WB at 12.25, 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%	0.37	0.1
5%	0.61	0.2
10%	1.23	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
Oct 3	13.00	0.15	22	0.7	0.73 (6.0%)
Oct 10	14.00	0.10	29	0.3	1.73 (14.1%)

5% Yield On WB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 3	13.00	0.15	22	0.7	0.73 (6.0%)
Oct 10	14.00	0.10	29	0.3	1.73 (14.1%)

10% Yield On WB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 3	13.00	0.15	22	0.7	0.73 (6.0%)
Oct 10	14.00	0.10	29	0.3	1.73 (14.1%)

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Want more examples? WAT Dividend | WBA Dividend