GGR Dividend Type Payments
Although GGR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Gogoro Inc. - Ordinary 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):
| Gogoro Inc. - Ordinary Shares (GGR) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 3.68 | 3.92 | 3.85 | +0.12 | 31K | - | 0.0B |
GGR Dividend-Like Income Using Covered Calls
With GGR at 3.85, 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% | 0.12 | 0.0 |
| 5% | 0.19 | 0.1 |
| 10% | 0.39 | 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 GGR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 21 | 5.00 | 0.10 | 15 | 0.7 | 1.08 (28.1%) | |
| Apr 17 | 5.00 | 0.20 | 162 | 0.1 | 1.08 (28.1%) | |
| 5% Yield On GGR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 21 | 5.00 | 0.10 | 15 | 0.7 | 1.08 (28.1%) | |
| Apr 17 | 5.00 | 0.20 | 162 | 0.1 | 1.08 (28.1%) | |
| 10% Yield On GGR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 21 | 5.00 | 0.10 | 15 | 0.7 | 1.08 (28.1%) | |
| Apr 17 | 5.00 | 0.20 | 162 | 0.1 | 1.08 (28.1%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | ONDS dividend | |
| 2. | NVDA dividend | 7. | ASST dividend | 2. | NBIS dividend | |
| 3. | KVUE dividend | 8. | INTC dividend | 3. | OKLO dividend | |
| 4. | SLV dividend | 9. | SPY dividend | 4. | WULF dividend | |
| 5. | GLD dividend | 10. | HYG dividend | 5. | BE dividend | |
Want more examples? GGOV Dividend | GH Dividend
