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 Thu 4:16 PM ET):
Amber International Holding Limited - American Depositary Shares (AMBR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
9.48 | 9.65 | 9.52 | +1.32 | 188K | - | 0.0B |
AMBR Dividend-Like Income Using Covered Calls
With AMBR at 9.52, 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% | 0.29 | 0.1 |
5% | 0.48 | 0.1 |
10% | 0.95 | 0.3 |
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 AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 10.00 | 0.30 | 114 | 0.3 | 0.35 (3.7%) | |
Dec 19 | 10.00 | 0.60 | 205 | 0.3 | 0.35 (3.7%) |
5% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 10.00 | 0.30 | 114 | 0.3 | 0.35 (3.7%) | |
Dec 19 | 10.00 | 0.60 | 205 | 0.3 | 0.35 (3.7%) |
10% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 19 | 10.00 | 0.30 | 114 | 0.3 | 0.35 (3.7%) | |
Dec 19 | 10.00 | 0.60 | 205 | 0.3 | 0.35 (3.7%) |
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Top 10 Open Interest For Jun 20 Expiration | Top 5 High Yield | |||||
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1. | NVDA dividend | 6. | IWM dividend | 1. | ALT dividend | |
2. | SPY dividend | 7. | EEM dividend | 2. | MRVL dividend | |
3. | SLV dividend | 8. | FXI dividend | 3. | QUBT dividend | |
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5. | GLD dividend | 10. | TLT dividend | 5. | QBTS dividend |
Want more examples? AMBC Dividend | AMC Dividend