YY Dividend Type Payments

Although YY has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on JOYY Inc. - 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):

JOYY Inc. - American Depositary Shares (YY)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
48.50	49.50	49.00	-3.08	1.3M	320	0.0B

YY Dividend-Like Income Using Covered Calls

With YY at 49.00, 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%	1.47	0.4
5%	2.45	0.7
10%	4.90	1.3

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 YY Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	50.00	4.80	171	2.8	0.50 (1.0%)
May 16	50.00	3.40	80	4.3	0.50 (1.0%)

5% Yield On YY Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	50.00	4.80	171	2.8	0.50 (1.0%)
May 16	50.00	3.40	80	4.3	0.50 (1.0%)

10% Yield On YY Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	50.00	4.80	171	2.8	0.50 (1.0%)
May 16	50.00	3.40	80	4.3	0.50 (1.0%)

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Want more examples? YXI Dividend | YYY Dividend