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 Wed 4:16 PM ET):

KANZHUN LIMITED - American Depository Shares (BZ)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
13.51	14.10	13.66	-0.25	5.5M	64	0.0B

BZ Dividend-Like Income Using Covered Calls

With BZ at 13.66, 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%	0.41	0.1
5%	0.68	0.2
10%	1.37	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
Jan 17	15.00	0.35	31	1.1	0.90 (6.6%)
Apr 17	15.00	0.15	121	0.1	0.90 (6.6%)

5% Yield On BZ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	15.00	0.35	31	1.1	0.90 (6.6%)
Apr 17	17.50	0.55	121	0.5	3.40 (24.9%)

10% Yield On BZ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	15.00	0.35	31	1.1	0.90 (6.6%)
Apr 17	17.50	0.55	121	0.5	3.40 (24.9%)

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Want more examples? BYSI Dividend | BZH Dividend