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 Thu 9:55 AM ET):
Sohu.com Limited - American Depositary Shares (SOHU) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
11.07 | 11.25 | 11.16 | +0.17 | 17K | - | 0.4B |
SOHU Dividend-Like Income Using Covered Calls
With SOHU at 11.16, 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% | 0.33 | 0.1 |
5% | 0.56 | 0.2 |
10% | 1.12 | 0.3 |
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 SOHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 12.50 | 0.05 | 16 | 0.3 | 1.25 (11.2%) |
5% Yield On SOHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 12.50 | 0.05 | 16 | 0.3 | 1.25 (11.2%) |
10% Yield On SOHU Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
May 16 | 12.50 | 0.05 | 16 | 0.3 | 1.25 (11.2%) |
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Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | GLD dividend | 1. | RDDT dividend | |
2. | SPY dividend | 7. | IWM dividend | 2. | ZETA dividend | |
3. | TLT dividend | 8. | FXI dividend | 3. | HTZ dividend | |
4. | SLV dividend | 9. | TSLA dividend | 4. | SMMT dividend | |
5. | QQQ dividend | 10. | SNAP dividend | 5. | ABR dividend |
Want more examples? SOCL Dividend | SOL Dividend