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 Wed 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 |
110.53 | 111.50 | 110.99 | -4.80 | 3.0M | - | 0.0B |
SE Dividend-Like Income Using Covered Calls
With SE at 110.99, 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% | 3.33 | 0.9 |
5% | 5.55 | 1.5 |
10% | 11.10 | 3.0 |
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 SE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 111.00 | 1.46 | 3 | 32.0 | 0.00 (0.0%) | |
Dec 27 | 111.00 | 2.27 | 10 | 17.7 | 0.00 (0.0%) |
5% Yield On SE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 111.00 | 1.46 | 3 | 32.0 | 0.00 (0.0%) | |
Dec 27 | 111.00 | 2.27 | 10 | 17.7 | 0.00 (0.0%) |
10% Yield On SE Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 111.00 | 1.46 | 3 | 32.0 | 0.00 (0.0%) | |
Dec 27 | 111.00 | 2.27 | 10 | 17.7 | 0.00 (0.0%) |
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Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | NVDA dividend | |
2. | SPY dividend | 7. | IWM dividend | 2. | RGTI dividend | |
3. | XLF dividend | 8. | KWEB dividend | 3. | QUBT dividend | |
4. | QQQ dividend | 9. | TLT dividend | 4. | MU dividend | |
5. | FXI dividend | 10. | TSLA dividend | 5. | QBTS dividend |
Want more examples? SDY Dividend | SEA Dividend