BGNE Dividend Type Payments
Although BGNE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BeiGene, Ltd. - 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 Mon 4:16 PM ET):
| BeiGene, Ltd. - American Depositary Shares (BGNE) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 175.04 |
194.14 |
187.69 |
-1.54 |
199K |
- |
0.0B |
BGNE Dividend-Like Income Using Covered Calls
With BGNE at 187.69, 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% |
5.63 |
1.5 |
| 5% |
9.38 |
2.6 |
| 10% |
18.77 |
5.1 |
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 BGNE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 20 |
195.00 |
5.10 |
33 |
15.5 |
0.86 (0.5%) |
| May 16 |
195.00 |
19.20 |
180 |
10.7 |
0.86 (0.5%) |
| 5% Yield On BGNE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 20 |
195.00 |
5.10 |
33 |
15.5 |
0.86 (0.5%) |
| May 16 |
195.00 |
19.20 |
180 |
10.7 |
0.86 (0.5%) |
| 10% Yield On BGNE Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 20 |
195.00 |
5.10 |
33 |
15.5 |
0.86 (0.5%) |
| May 16 |
195.00 |
19.20 |
180 |
10.7 |
0.86 (0.5%) |
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