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
15.85 16.03 16.00 +0.36 6.0M 68 0.0B

BZ Dividend-Like Income Using Covered Calls

With BZ at 16.00, 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% 0.48 0.1
5% 0.80 0.2
10% 1.60 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 17.50 0.85 56 1.5 1.47 (9.2%)
Oct 17 17.50 1.30 239 0.5 1.47 (9.2%)
5% Yield On BZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 17.50 0.85 56 1.5 1.47 (9.2%)
Oct 17 17.50 1.30 239 0.5 1.47 (9.2%)
10% Yield On BZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 17.50 0.85 56 1.5 1.47 (9.2%)
Oct 17 17.50 1.30 239 0.5 1.47 (9.2%)

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