BZ Dividend Type Payments
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 Thu 4:16 PM ET):
KANZHUN LIMITED - American Depository Shares (BZ) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
14.13 | 14.25 | 14.31 | -0.94 | 6.0M | 66 | 0.0B |
BZ Dividend-Like Income Using Covered Calls
With BZ at 14.31, 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% | 0.43 | 0.1 |
5% | 0.72 | 0.2 |
10% | 1.43 | 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 | |
Aug 15 | 15.00 | 0.80 | 128 | 0.6 | 0.75 (5.2%) | |
Apr 17 | 17.50 | 0.05 | 8 | 0.6 | 3.25 (22.7%) |
5% Yield On BZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 15.00 | 0.80 | 128 | 0.6 | 0.75 (5.2%) | |
Apr 17 | 17.50 | 0.05 | 8 | 0.6 | 3.25 (22.7%) |
10% Yield On BZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 15.00 | 0.80 | 128 | 0.6 | 0.75 (5.2%) | |
Apr 17 | 17.50 | 0.05 | 8 | 0.6 | 3.25 (22.7%) |
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Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | SPY dividend | 6. | IWM dividend | 1. | JPM dividend | |
2. | NVDA dividend | 7. | NIO dividend | 2. | AUR dividend | |
3. | SLV dividend | 8. | TSLA dividend | 3. | UPST dividend | |
4. | ASHR dividend | 9. | EEM dividend | 4. | KSS dividend | |
5. | QQQ dividend | 10. | TLT dividend | 5. | CCL dividend |
Want more examples? BYSI Dividend | BZH Dividend