WB Dividend Type Payments

Although WB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Weibo Corporation - 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 Wed 4:16 PM ET):

Weibo Corporation - American Depositary Shares (WB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
9.01	9.29	9.12	-0.16	927K	6.4	0.2B

WB Dividend-Like Income Using Covered Calls

With WB at 9.12, 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%	0.27	0.1
5%	0.46	0.1
10%	0.91	0.2

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 WB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	10.00	0.10	31	0.3	0.71 (7.8%)
Feb 14	10.00	0.30	38	0.8	0.71 (7.8%)

5% Yield On WB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	10.00	0.10	31	0.3	0.71 (7.8%)
Feb 14	10.00	0.30	38	0.8	0.71 (7.8%)

10% Yield On WB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	10.00	0.10	31	0.3	0.71 (7.8%)
Feb 14	10.00	0.30	38	0.8	0.71 (7.8%)

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.	RGTI dividend
2.	SLV dividend	7.	XLF dividend	2.	IONQ dividend
3.	AAPL dividend	8.	IWM dividend	3.	U dividend
4.	EEM dividend	9.	TSLA dividend	4.	VIR dividend
5.	INTC dividend	10.	TLT dividend	5.	HCAT dividend

Want more examples? WAT Dividend | WBA Dividend