SE Dividend Type Payments
Although SE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Sea Limited American Depositary Shares, each representing one Class A Or 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):
| Sea Limited American Depositary Shares, each representing one Class A Or (SE) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 122.45 | 123.00 | 122.66 | -0.42 | 2.8M | - | 0.0B |
SE Dividend-Like Income Using Covered Calls
With SE at 122.66, 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% | 3.68 | 1.0 |
| 5% | 6.13 | 1.7 |
| 10% | 12.27 | 3.4 |
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 SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 7 | 123.00 | 7.70 | 30 | 25.7 | 0.00 (0.0%) | |
| Feb 14 | 123.00 | 2.41 | 9 | 26.8 | 0.00 (0.0%) | |
| 5% Yield On SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 7 | 123.00 | 7.70 | 30 | 25.7 | 0.00 (0.0%) | |
| Feb 14 | 123.00 | 2.41 | 9 | 26.8 | 0.00 (0.0%) | |
| 10% Yield On SE Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 7 | 123.00 | 7.70 | 30 | 25.7 | 0.00 (0.0%) | |
| Feb 14 | 123.00 | 2.41 | 9 | 26.8 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TSLA dividend | 1. | BILL dividend | |
| 2. | TLT dividend | 7. | QQQ dividend | 2. | NET dividend | |
| 3. | SPY dividend | 8. | SLV dividend | 3. | AMZN dividend | |
| 4. | IWM dividend | 9. | KWEB dividend | 4. | ELF dividend | |
| 5. | FXI dividend | 10. | GLD dividend | 5. | AFRM dividend | |
Want more examples? SDY Dividend | SEA Dividend
