HTHT Dividend Type Payments
Although HTHT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on H World Group Limited - American Depositary 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):
| H World Group Limited - American Depositary Shares (HTHT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 30.02 | 32.00 | 30.50 | -1.62 | 1.4M | 194 | 1.2B |
HTHT Dividend-Like Income Using Covered Calls
With HTHT at 30.50, 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% | 0.92 | 0.3 |
| 5% | 1.53 | 0.4 |
| 10% | 3.05 | 0.8 |
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 HTHT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 20 | 35.00 | 1.85 | 162 | 1.1 | 3.00 (9.8%) | |
| Feb 21 | 35.00 | 0.45 | 43 | 1.0 | 3.00 (9.8%) | |
| 5% Yield On HTHT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 20 | 35.00 | 1.85 | 162 | 1.1 | 3.00 (9.8%) | |
| Feb 21 | 35.00 | 0.45 | 43 | 1.0 | 3.00 (9.8%) | |
| 10% Yield On HTHT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 20 | 35.00 | 1.85 | 162 | 1.1 | 3.00 (9.8%) | |
| Feb 21 | 35.00 | 0.45 | 43 | 1.0 | 3.00 (9.8%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SPY dividend | 1. | RCAT dividend | |
| 2. | SLV dividend | 7. | XLF dividend | 2. | DNA dividend | |
| 3. | AAPL dividend | 8. | IWM dividend | 3. | EVH dividend | |
| 4. | EEM dividend | 9. | TSLA dividend | 4. | CIFR dividend | |
| 5. | INTC dividend | 10. | TLT dividend | 5. | CRNC dividend | |
Want more examples? HTH Dividend | HTLD Dividend
