TAK Dividend Type Payments

Although TAK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Takeda Pharmaceutical Company Limited American Depositary Shares (each r 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):

Takeda Pharmaceutical Company Limited American Depositary Shares (each r (TAK)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
13.20	13.50	13.42	-0.02	2.7M	-	0.0B

TAK Dividend-Like Income Using Covered Calls

With TAK at 13.42, 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%	0.40	0.1
5%	0.67	0.2
10%	1.34	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 TAK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 21	15.00	0.05	19	0.3	1.50 (11.2%)
Apr 17	15.00	0.20	166	0.1	1.50 (11.2%)

5% Yield On TAK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 21	15.00	0.05	19	0.3	1.50 (11.2%)

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

Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	INTC dividend	1.	SRPT dividend
2.	KVUE dividend	7.	TLT dividend	2.	ENVX dividend
3.	NVDA dividend	8.	ASST dividend	3.	UPST dividend
4.	SLV dividend	9.	EEM dividend	4.	NVTS dividend
5.	GLD dividend	10.	HYG dividend	5.	SOUN dividend

Want more examples? TAIL Dividend | TAL Dividend