RGC Dividend Type Payments
Although RGC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Regencell Bioscience Holdings Limited - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
| Regencell Bioscience Holdings Limited - Ordinary Shares (RGC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 45.00 | 47.00 | 45.79 | +4.37 | 1.6M | - | 20B |
RGC Dividend-Like Income Using Covered Calls
With RGC at 45.79, 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% | 1.37 | 0.4 |
| 5% | 2.29 | 0.6 |
| 10% | 4.58 | 1.3 |
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 RGC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 16 | 50.00 | 4.60 | 8 | 57.5 | 3.00 (6.6%) | |
| Jun 18 | 50.00 | 7.60 | 161 | 4.7 | 3.00 (6.6%) | |
| 5% Yield On RGC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 16 | 50.00 | 4.60 | 8 | 57.5 | 3.00 (6.6%) | |
| Jun 18 | 50.00 | 7.60 | 161 | 4.7 | 3.00 (6.6%) | |
| 10% Yield On RGC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 16 | 50.00 | 4.60 | 8 | 57.5 | 3.00 (6.6%) | |
| Jun 18 | 50.00 | 7.60 | 161 | 4.7 | 3.00 (6.6%) | |
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| Top 10 Open Interest For Jan 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | AAPL dividend | 1. | LXEO dividend | |
| 2. | INTC dividend | 7. | SPY dividend | 2. | SOC dividend | |
| 3. | IBIT dividend | 8. | NFLX dividend | 3. | DAWN dividend | |
| 4. | TLT dividend | 9. | GLD dividend | 4. | TE dividend | |
| 5. | SLV dividend | 10. | QQQ dividend | 5. | CRVS dividend | |
Want more examples? RGA Dividend | RGEN Dividend
