KNDI Dividend Type Payments

Kandi Technologies Group, Inc. - Ordinary Shares dividend

Although KNDI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kandi Technologies Group, Inc. - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:10 PM ET):

Kandi Technologies Group, Inc. - Ordinary Shares (KNDI)
Bid Ask Last Change Volume P/E Market Cap
1.18 1.19 1.18 -0.01 28K - 0.1B

KNDI Dividend-Like Income Using Covered Calls

With KNDI at 1.18, 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% 0.04 0.0
5% 0.06 0.0
10% 0.12 0.0

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 KNDI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 2.00 0.05 144 0.0 0.81 (68.6%)
5% Yield On KNDI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 2.00 0.05 144 0.0 0.81 (68.6%)
10% Yield On KNDI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 2.00 0.05 144 0.0 0.81 (68.6%)

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