PKX Dividend Type Payments

Although PKX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th (PKX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
48.76	51.10	49.85	+0.66	180K	6.9	19B

PKX Dividend-Like Income Using Covered Calls

With PKX at 49.85, 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%	1.50	0.4
5%	2.49	0.7
10%	4.99	1.4

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 PKX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	55.00	0.35	52	0.7	3.90 (7.8%)
Feb 20	55.00	1.30	241	0.5	3.90 (7.8%)

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Want more examples? PKW Dividend | PL Dividend