HTHT Dividend Type Payments
Although HTHT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on H World Group Limited - 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 Wed 12:20 PM ET):
H World Group Limited - American Depositary Shares (HTHT) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
33.54 | 33.63 | 33.59 | -0.22 | 635K | 256 | 1.2B |
HTHT Dividend-Like Income Using Covered Calls
With HTHT at 33.59, 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% | 1.01 | 0.3 |
5% | 1.68 | 0.5 |
10% | 3.36 | 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 HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 35.00 | 0.65 | 31 | 2.1 | 1.37 (4.1%) | |
Dec 19 | 35.00 | 2.45 | 185 | 1.3 | 1.37 (4.1%) |
5% Yield On HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 35.00 | 0.65 | 31 | 2.1 | 1.37 (4.1%) | |
Dec 19 | 35.00 | 2.45 | 185 | 1.3 | 1.37 (4.1%) |
10% Yield On HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 35.00 | 0.65 | 31 | 2.1 | 1.37 (4.1%) | |
Dec 19 | 35.00 | 2.45 | 185 | 1.3 | 1.37 (4.1%) |
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Top 10 Open Interest For Jun 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | IWM dividend | 1. | ALT dividend | |
2. | SPY dividend | 7. | GLD dividend | 2. | COGT dividend | |
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Want more examples? HTH Dividend | HTLD Dividend