BIGC Dividend Type Payments

Although BIGC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BigCommerce Holdings, Inc. - Series 1 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):

BigCommerce Holdings, Inc. - Series 1 (BIGC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
4.85	5.33	4.89	-0.20	830K	-	0.4B

BIGC Dividend-Like Income Using Covered Calls

With BIGC at 4.89, 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%	0.15	0.0
5%	0.24	0.1
10%	0.49	0.1

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 BIGC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	7.50	0.20	180	0.1	2.17 (44.4%)
Jul 18	10.00	0.05	89	0.1	4.67 (95.5%)

5% Yield On BIGC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	7.50	0.20	180	0.1	2.17 (44.4%)
Jul 18	7.50	0.10	89	0.1	2.17 (44.4%)

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Want more examples? BIDU Dividend | BIIB Dividend