AMBR Dividend Type Payments
Although AMBR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Amber International Holding Limited - 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 Fri 4:16 PM ET):
Amber International Holding Limited - American Depositary Shares (AMBR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
2.08 | 2.60 | 2.11 | -0.13 | 203K | - | 0.0B |
AMBR Dividend-Like Income Using Covered Calls
With AMBR at 2.11, 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% | 0.06 | 0.0 |
5% | 0.11 | 0.0 |
10% | 0.21 | 0.1 |
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 AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 10.00 | 0.05 | 64 | 0.1 | 7.40 (350.7%) |
5% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 10.00 | 0.05 | 64 | 0.1 | 7.40 (350.7%) |
10% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 10.00 | 0.05 | 64 | 0.1 | 7.40 (350.7%) |
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Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | IBIT dividend | 6. | GLD dividend | 1. | CIFR dividend | |
2. | KVUE dividend | 7. | TLT dividend | 2. | INBX dividend | |
3. | NVDA dividend | 8. | EEM dividend | 3. | USAR dividend | |
4. | SLV dividend | 9. | INTC dividend | 4. | BHVN dividend | |
5. | HYG dividend | 10. | QQQ dividend | 5. | IREN dividend |
Want more examples? AMBC Dividend | AMC Dividend