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 Fri 4:16 PM ET):
| Bilibili Inc. - American Depositary Shares (BILI) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 33.24 |
33.47 |
33.40 |
-0.03 |
2.4M |
458 |
0.0B |
BILI Dividend-Like Income Using Covered Calls
With BILI at 33.40, 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% |
1.00 |
0.3 |
| 5% |
1.67 |
0.5 |
| 10% |
3.34 |
0.9 |
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 BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
33.50 |
1.20 |
15 |
8.0 |
0.03 (0.1%) |
| Feb 13 |
34.00 |
1.31 |
22 |
6.0 |
0.53 (1.6%) |
| 5% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
33.50 |
1.20 |
15 |
8.0 |
0.03 (0.1%) |
| Feb 13 |
34.00 |
1.31 |
22 |
6.0 |
0.53 (1.6%) |
| 10% Yield On BILI Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Feb 6 |
33.50 |
1.20 |
15 |
8.0 |
0.03 (0.1%) |
| Feb 13 |
34.00 |
1.31 |
22 |
6.0 |
0.53 (1.6%) |
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