ANF Dividend Type Payments
Although ANF has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Abercrombie & Fitch Company 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):
Abercrombie & Fitch Company (ANF) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
130.35 | 133.41 | 130.35 | +2.24 | 1.9M | 14 | 6.5B |
ANF Dividend-Like Income Using Covered Calls
With ANF at 130.35, 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% | 3.91 | 1.1 |
5% | 6.52 | 1.8 |
10% | 13.04 | 3.6 |
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 ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 133.00 | 3.10 | 22 | 12.2 | 0.00 (0.0%) | |
Feb 14 | 133.00 | 4.80 | 29 | 15.1 | 0.00 (0.0%) |
5% Yield On ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 133.00 | 3.10 | 22 | 12.2 | 0.00 (0.0%) | |
Feb 14 | 133.00 | 4.80 | 29 | 15.1 | 0.00 (0.0%) |
10% Yield On ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 133.00 | 3.10 | 22 | 12.2 | 0.00 (0.0%) | |
Feb 14 | 133.00 | 4.80 | 29 | 15.1 | 0.00 (0.0%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | FXI dividend | 1. | RGTI dividend | |
2. | TLT dividend | 7. | TSLA dividend | 2. | QUBT dividend | |
3. | IWM dividend | 8. | AMZN dividend | 3. | DJT dividend | |
4. | SPY dividend | 9. | ASHR dividend | 4. | MSTR dividend | |
5. | SLV dividend | 10. | AAPL dividend | 5. | SOUN dividend |
Want more examples? ANEW Dividend | ANGI Dividend