BILI Dividend Type Payments
Although BILI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Bilibili Inc. - 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 Tue 4:16 PM ET):
| Bilibili Inc. - American Depositary Shares (BILI) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 27.20 |
27.28 |
27.18 |
+0.80 |
2.0M |
361 |
0.0B |
BILI Dividend-Like Income Using Covered Calls
With BILI at 27.18, 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% |
0.82 |
0.2 |
| 5% |
1.36 |
0.4 |
| 10% |
2.72 |
0.7 |
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 BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
27.50 |
0.70 |
11 |
6.4 |
0.22 (0.8%) |
| Dec 12 |
27.50 |
0.97 |
18 |
5.4 |
0.22 (0.8%) |
| 5% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
27.50 |
0.70 |
11 |
6.4 |
0.22 (0.8%) |
| Dec 12 |
27.50 |
0.97 |
18 |
5.4 |
0.22 (0.8%) |
| 10% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 5 |
27.50 |
0.70 |
11 |
6.4 |
0.22 (0.8%) |
| Dec 12 |
27.50 |
0.97 |
18 |
5.4 |
0.22 (0.8%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
