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 12:35 PM ET):
H World Group Limited - American Depositary Shares (HTHT) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
38.96 | 38.98 | 38.97 | +0.32 | 267K | - | 1.4B |
HTHT Dividend-Like Income Using Covered Calls
With HTHT at 38.97, 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% | 1.17 | 0.3 |
5% | 1.95 | 0.5 |
10% | 3.90 | 1.1 |
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 HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 40.00 | 0.95 | 24 | 4.0 | 1.02 (2.6%) | |
Jun 21 | 40.00 | 1.90 | 59 | 3.2 | 1.02 (2.6%) |
5% Yield On HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 40.00 | 0.95 | 24 | 4.0 | 1.02 (2.6%) | |
Jun 21 | 40.00 | 1.90 | 59 | 3.2 | 1.02 (2.6%) |
10% Yield On HTHT Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 17 | 40.00 | 0.95 | 24 | 4.0 | 1.02 (2.6%) | |
Jun 21 | 40.00 | 1.90 | 59 | 3.2 | 1.02 (2.6%) |
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Top 10 Open Interest For May 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | IWM dividend | 6. | EEM dividend | 1. | FSLY dividend | |
2. | HYG dividend | 7. | KWEB dividend | 2. | SNAP dividend | |
3. | QQQ dividend | 8. | TSLA dividend | 3. | CVNA dividend | |
4. | SPY dividend | 9. | SLV dividend | 4. | W dividend | |
5. | FXI dividend | 10. | EWZ dividend | 5. | PINS dividend |
Want more examples? HTH Dividend | HTLD Dividend