NTES Dividend Type Payments
Although NTES has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on NetEase, Inc. - American Depositary Shares, each representing 5 ordinary to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):
| NetEase, Inc. - American Depositary Shares, each representing 5 ordinary (NTES) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 131.00 | 132.30 | 132.10 | -1.68 | 526K | 85 | 81B |
NTES Dividend-Like Income Using Covered Calls
With NTES at 132.10, 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% | 3.96 | 1.1 |
| 5% | 6.61 | 1.8 |
| 10% | 13.21 | 3.6 |
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 NTES Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 135.00 | 7.70 | 107 | 7.2 | 2.70 (2.0%) | |
| Apr 17 | 135.00 | 5.90 | 79 | 7.5 | 2.70 (2.0%) | |
| 5% Yield On NTES Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 135.00 | 7.70 | 107 | 7.2 | 2.70 (2.0%) | |
| Apr 17 | 135.00 | 5.90 | 79 | 7.5 | 2.70 (2.0%) | |
| 10% Yield On NTES Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 135.00 | 7.70 | 107 | 7.2 | 2.70 (2.0%) | |
| Apr 17 | 135.00 | 5.90 | 79 | 7.5 | 2.70 (2.0%) | |
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| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | QQQ dividend | 1. | OCUL dividend | |
| 2. | SLV dividend | 7. | CORZ dividend | 2. | RR dividend | |
| 3. | KWEB dividend | 8. | EWZ dividend | 3. | BE dividend | |
| 4. | GLD dividend | 9. | INTC dividend | 4. | QURE dividend | |
| 5. | IBIT dividend | 10. | SPY dividend | 5. | UPB dividend | |
Want more examples? NTCT Dividend | NTGR Dividend
