NIU Dividend Type Payments
Although NIU has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Niu Technologies - 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 Tue 10:40 AM ET):
Niu Technologies - American Depositary Shares (NIU) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
3.37 | 3.38 | 3.37 | +0.01 | 147K | - | 0.0B |
NIU Dividend-Like Income Using Covered Calls
With NIU at 3.37, 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% | 0.10 | 0.0 |
5% | 0.17 | 0.0 |
10% | 0.34 | 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 NIU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 7.50 | 0.10 | 172 | 0.1 | 4.12 (122.3%) |
5% Yield On NIU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 7.50 | 0.10 | 172 | 0.1 | 4.12 (122.3%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | GLD dividend | 1. | COGT dividend | |
2. | SLV dividend | 7. | AAPL dividend | 2. | CIFR dividend | |
3. | SPY dividend | 8. | TLT dividend | 3. | STZ dividend | |
4. | IWM dividend | 9. | FXI dividend | 4. | ENVX dividend | |
5. | TSLA dividend | 10. | QQQ dividend | 5. | RUN dividend |
Want more examples? NIO Dividend | NJR Dividend