SOHU Dividend Type Payments
Although SOHU has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Sohu.com Limited - 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 Fri 4:16 PM ET):
| Sohu.com Limited - American Depositary Shares (SOHU) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 15.10 | 15.90 | 15.42 | +0.34 | 28K | 3.0 | 0.6B |
SOHU Dividend-Like Income Using Covered Calls
With SOHU at 15.42, 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% | 0.46 | 0.1 |
| 5% | 0.77 | 0.2 |
| 10% | 1.54 | 0.4 |
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 SOHU Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 20 | 17.50 | 0.15 | 113 | 0.1 | 1.60 (10.4%) | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | RZLT dividend | |
| 2. | IWM dividend | 7. | GLD dividend | 2. | IMNM dividend | |
| 3. | SPY dividend | 8. | SLV dividend | 3. | VTYX dividend | |
| 4. | QQQ dividend | 9. | TLT dividend | 4. | PATH dividend | |
| 5. | IBIT dividend | 10. | FXI dividend | 5. | IREN dividend | |
Want more examples? SOCL Dividend | SOL Dividend
