SE Dividend Type Payments

Sea Limited American Depositary Shares, each representing one Class A Or dividend

Although SE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Sea Limited American Depositary Shares, each representing one Class A Or to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Sea Limited American Depositary Shares, each representing one Class A Or (SE)
Bid Ask Last Change Volume P/E Market Cap
52.51 52.79 52.72 -0.56 3.7M - 0.0B

SE Dividend-Like Income Using Covered Calls

With SE at 52.72, 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% 1.58 0.4
5% 2.64 0.7
10% 5.27 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 SE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 19 53.00 1.06 5 21.2 0.21 (0.4%)
Apr 26 53.00 1.72 12 14.3 0.21 (0.4%)
5% Yield On SE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 19 53.00 1.06 5 21.2 0.21 (0.4%)
Apr 26 53.00 1.72 12 14.3 0.21 (0.4%)
10% Yield On SE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 19 53.00 1.06 5 21.2 0.21 (0.4%)
Apr 26 53.00 1.72 12 14.3 0.21 (0.4%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Apr 19 Expiration     Top 5 High Yield
1.SPY dividend 6.TLT dividend   1.GL dividend
2.IWM dividend 7.TSLA dividend   2.SNAP dividend
3.SLV dividend 8.AAPL dividend   3.NOVA dividend
4.QQQ dividend 9.HYG dividend   4.KOS dividend
5.FXI dividend 10.EEM dividend   5.ROOT dividend

Want more examples? SDY Dividend | SEA Dividend