BBVA Dividend Type Payments

Banco Bilbao Vizcaya Argentaria S.A. dividend

Although BBVA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Banco Bilbao Vizcaya Argentaria S.A. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:45 AM ET):

Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
Bid Ask Last Change Volume P/E Market Cap
13.35 13.36 13.36 -0.06 366K 7.7 44B

BBVA Dividend-Like Income Using Covered Calls

With BBVA at 13.36, 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:

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Top 10 Open Interest For Mar 21 Expiration     Top 5 High Yield
1.NVDA dividend 6.KWEB dividend   1.SOUN dividend
2.SPY dividend 7.QQQ dividend   2.BBAI dividend
3.FXI dividend 8.INTC dividend   3.QBTS dividend
4.IWM dividend 9.SLV dividend   4.RKLB dividend
5.EEM dividend 10.TLT dividend   5.CLOV dividend

Want more examples? BBU Dividend | BBW Dividend