AMC Dividend Type Payments
Although AMC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AMC Entertainment Holdings, Inc. Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 9:45 AM ET):
AMC Entertainment Holdings, Inc. Class A (AMC) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
3.03 | 3.04 | 3.04 | 0.00 | 644K | - | 2.9B |
AMC Dividend-Like Income Using Covered Calls
With AMC at 3.04, 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% | 0.09 | 0.0 |
5% | 0.15 | 0.0 |
10% | 0.30 | 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 AMC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 5 | 3.50 | 0.09 | 22 | 0.4 | 0.46 (15.1%) | |
Sep 12 | 3.50 | 0.12 | 29 | 0.4 | 0.46 (15.1%) |
5% Yield On AMC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 5 | 3.50 | 0.09 | 22 | 0.4 | 0.46 (15.1%) | |
Sep 12 | 3.50 | 0.12 | 29 | 0.4 | 0.46 (15.1%) |
10% Yield On AMC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Sep 5 | 3.50 | 0.09 | 22 | 0.4 | 0.46 (15.1%) | |
Sep 12 | 3.50 | 0.12 | 29 | 0.4 | 0.46 (15.1%) |
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Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | BZAI dividend | |
2. | PCG dividend | 7. | FXI dividend | 2. | OKLO dividend | |
3. | IWM dividend | 8. | QQQ dividend | 3. | RUN dividend | |
4. | EEM dividend | 9. | IBIT dividend | 4. | QUBT dividend | |
5. | SPY dividend | 10. | KWEB dividend | 5. | SLDP dividend |
Want more examples? AMBR Dividend | AMCR Dividend