Dividend yield averages in "capital premium finance" sit at 4.3%, above the financial sector median, attracting retail investors seeking defensive holdings during global market uncertainty. Finally, let's look at ONE Gas ( OGS ), a 100% regulated natural gas utility that provides affordable energy to over 2.3 million customers in Kansas, Oklahoma, and Texas. At a quarterly dividend of 67 cents per share (annualized dividend of $2.68 per share), OGS stock offers a dividend yield of 3.3%. If Bitcoin's value declined, the Premium would also likely fall. We estimate the relationship has a beta of approximately 1.77x , meaning the premium's value could drop significantly relative to Bitcoin. This decline would erode the value of the convertible’s option component. Cross-border investment activity in "capital premium finance" is on the rise, supported by regulatory alignment in major financial hubs boosting international lending opportunities.
