FENG Dividend Type Payments

Although FENG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Phoenix New Media Limited American Depositary Shares, each representing 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):

Phoenix New Media Limited American Depositary Shares, each representing (FENG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
1.75	2.00	1.82	-0.04	1K	-	0.0B

FENG Dividend-Like Income Using Covered Calls

With FENG at 1.82, 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%	0.05	0.0
5%	0.09	0.0
10%	0.18	0.0

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 FENG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	2.50	0.20	270	0.1	0.50 (27.5%)

5% Yield On FENG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	2.50	0.20	270	0.1	0.50 (27.5%)

10% Yield On FENG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	2.50	0.20	270	0.1	0.50 (27.5%)

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Top 10 Open Interest For May 17 Expiration				Top 5 High Yield
1.	IWM dividend	6.	KWEB dividend	1.	CIFR dividend
2.	HYG dividend	7.	EEM dividend	2.	FSLY dividend
3.	SPY dividend	8.	TSLA dividend	3.	ENPH dividend
4.	QQQ dividend	9.	SLV dividend	4.	CGC dividend
5.	FXI dividend	10.	EWZ dividend	5.	SNAP dividend

Want more examples? FENC Dividend | FENY Dividend