ADM Dividend Type Payments

Although ADM has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Archer-Daniels-Midland Company to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 12:00 PM ET):

Archer-Daniels-Midland Company (ADM)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
61.03	61.07	61.05	+0.53	733K	27	29B

ADM Dividend-Like Income Using Covered Calls

With ADM at 61.05, 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%	1.83	0.5
5%	3.05	0.8
10%	6.11	1.7

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 ADM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 7	61.00	1.85	9	19.8	0.00 (0.0%)
Nov 14	61.00	2.15	16	13.0	0.00 (0.0%)

5% Yield On ADM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 7	61.00	1.85	9	19.8	0.00 (0.0%)
Nov 14	61.00	2.15	16	13.0	0.00 (0.0%)

10% Yield On ADM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 7	61.00	1.85	9	19.8	0.00 (0.0%)
Nov 14	61.00	2.15	16	13.0	0.00 (0.0%)

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Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	INTC dividend	1.	SOUN dividend
2.	KVUE dividend	7.	TLT dividend	2.	IREN dividend
3.	NVDA dividend	8.	HYG dividend	3.	NVTS dividend
4.	SLV dividend	9.	EEM dividend	4.	TERN dividend
5.	GLD dividend	10.	ASST dividend	5.	HIMS dividend

Want more examples? ADI Dividend | ADMA Dividend