LB Dividend Type Payments
Although LB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on LandBridge Company LLC Class A Shares Representing Limited Liability Com to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:05 PM ET):
| LandBridge Company LLC Class A Shares Representing Limited Liability Com (LB) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 57.04 | 57.25 | 57.04 | 0.00 | 300K | - | 3.0B |
LB Dividend-Like Income Using Covered Calls
With LB at 57.04, 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% | 1.71 | 0.5 |
| 5% | 2.85 | 0.8 |
| 10% | 5.70 | 1.6 |
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 LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 60.00 | 5.80 | 109 | 5.3 | 2.75 (4.8%) | |
| Dec 18 | 60.00 | 10.50 | 326 | 3.2 | 2.75 (4.8%) | |
| 5% Yield On LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 60.00 | 5.80 | 109 | 5.3 | 2.75 (4.8%) | |
| Dec 18 | 60.00 | 10.50 | 326 | 3.2 | 2.75 (4.8%) | |
| 10% Yield On LB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 60.00 | 5.80 | 109 | 5.3 | 2.75 (4.8%) | |
| Dec 18 | 60.00 | 10.50 | 326 | 3.2 | 2.75 (4.8%) | |
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| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | KWEB dividend | 6. | CORZ dividend | 1. | OCUL dividend | |
| 2. | SLV dividend | 7. | INTC dividend | 2. | SLV dividend | |
| 3. | NVDA dividend | 8. | AAPL dividend | 3. | RBLX dividend | |
| 4. | IBIT dividend | 9. | HYG dividend | 4. | ENPH dividend | |
| 5. | QQQ dividend | 10. | SPY dividend | 5. | CTMX dividend | |
Want more examples? LAZ Dividend | LBRDA Dividend
