TAL Dividend Type Payments

TAL Education Group American Depositary Shares dividend

Although TAL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on TAL Education Group 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 Tue 3:15 PM ET):

TAL Education Group American Depositary Shares (TAL)
Bid Ask Last Change Volume P/E Market Cap
10.27 10.28 10.28 +0.06 2.7M 25 0.0B

TAL Dividend-Like Income Using Covered Calls

With TAL at 10.28, 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% 0.31 0.1
5% 0.51 0.1
10% 1.03 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 TAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 1 12.00 0.15 32 0.5 1.72 (16.7%)
Jul 3 10.50 0.05 3 1.7 0.22 (2.1%)
5% Yield On TAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 1 12.00 0.15 32 0.5 1.72 (16.7%)
Jul 3 10.50 0.05 3 1.7 0.22 (2.1%)
10% Yield On TAL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 1 12.00 0.15 32 0.5 1.72 (16.7%)
Jul 3 10.50 0.05 3 1.7 0.22 (2.1%)

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

 
Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.GLD dividend   1.COGT dividend
2.SLV dividend 7.AAPL dividend   2.EOSE dividend
3.SPY dividend 8.TLT dividend   3.IONQ dividend
4.IWM dividend 9.FXI dividend   4.STZ dividend
5.TSLA dividend 10.QQQ dividend   5.CIFR dividend

Want more examples? TAK Dividend | TALO Dividend