BTG Dividend

Although BTG has a dividend of 0.02 with an ex-dividend date of Jun 11, you can sell covered calls on B2Gold Corp Common shares (Canada) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 11:40 AM ET):

B2Gold Corp Common shares (Canada) (BTG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
3.06	3.07	3.07	-0.02	16.1M	-	3.2B

BTG Dividend-Like Income Using Covered Calls

With BTG at 3.07, 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%	0.09	0.0
5%	0.15	0.0
10%	0.31	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 BTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	3.50	0.20	163	0.1	0.43 (14.0%)
Jul 18	3.50	0.10	72	0.1	0.43 (14.0%)

5% Yield On BTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	3.50	0.20	163	0.1	0.43 (14.0%)
Jul 18	3.50	0.10	72	0.1	0.43 (14.0%)

10% Yield On BTG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	3.50	0.20	163	0.1	0.43 (14.0%)
Jul 18	3.50	0.10	72	0.1	0.43 (14.0%)

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

Top 10 Open Interest For May 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	PINS dividend
2.	SPY dividend	7.	TSLA dividend	2.	LYFT dividend
3.	TLT dividend	8.	FXI dividend	3.	INOD dividend
4.	QQQ dividend	9.	GLD dividend	4.	CVI dividend
5.	SLV dividend	10.	INTC dividend	5.	APLD dividend

Want more examples? BTE Dividend | BTI Dividend