XNET Dividend Type Payments

Although XNET has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Xunlei Limited - 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 11:55 AM ET):

Xunlei Limited - American Depositary Shares (XNET)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
4.50	4.51	4.50	-0.14	77K	101	0.0B

XNET Dividend-Like Income Using Covered Calls

With XNET at 4.50, 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%	0.14	0.0
5%	0.23	0.1
10%	0.45	0.1

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 XNET Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	5.00	0.30	43	0.7	0.49 (10.9%)
Dec 19	5.00	0.70	134	0.5	0.49 (10.9%)

5% Yield On XNET Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	5.00	0.30	43	0.7	0.49 (10.9%)
Dec 19	5.00	0.70	134	0.5	0.49 (10.9%)

10% Yield On XNET Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	5.00	0.30	43	0.7	0.49 (10.9%)
Dec 19	5.00	0.70	134	0.5	0.49 (10.9%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Aug 15 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	GLD dividend	1.	MBX dividend
2.	SLV dividend	7.	TSLA dividend	2.	QBTS dividend
3.	SPY dividend	8.	AMZN dividend	3.	UUUU dividend
4.	IWM dividend	9.	INTC dividend	4.	CORZ dividend
5.	IBIT dividend	10.	QQQ dividend	5.	QS dividend

Want more examples? XNCR Dividend | XNTK Dividend