BZ Dividend Type Payments

KANZHUN LIMITED - American Depository Shares dividend

Although BZ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KANZHUN LIMITED - American Depository Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

KANZHUN LIMITED - American Depository Shares (BZ)
Bid Ask Last Change Volume P/E Market Cap
14.50 14.72 14.69 +0.83 2.4M 64 0.0B

BZ Dividend-Like Income Using Covered Calls

With BZ at 14.69, 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% 0.44 0.1
5% 0.73 0.2
10% 1.47 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 BZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 15.00 1.35 91 1.5 0.28 (1.9%)
Jul 18 15.00 1.00 183 0.5 0.28 (1.9%)
5% Yield On BZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 15.00 1.35 91 1.5 0.28 (1.9%)
Jul 18 15.00 1.00 183 0.5 0.28 (1.9%)
10% Yield On BZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 15.00 1.35 91 1.5 0.28 (1.9%)
Jul 18 15.00 1.00 183 0.5 0.28 (1.9%)

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