APEI Dividend Type Payments
Although APEI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on American Public Education, Inc. 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):
| American Public Education, Inc. (APEI) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 27.99 | 33.81 | 30.34 | -0.30 | 238K | 30 | 0.6B |
APEI Dividend-Like Income Using Covered Calls
With APEI at 30.34, 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% | 0.91 | 0.2 |
| 5% | 1.52 | 0.4 |
| 10% | 3.03 | 0.8 |
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 APEI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.80 | 29 | 2.8 | 1.19 (3.9%) | |
| Sep 19 | 35.00 | 1.25 | 64 | 2.0 | 1.19 (3.9%) | |
| 5% Yield On APEI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.80 | 29 | 2.8 | 1.19 (3.9%) | |
| Sep 19 | 35.00 | 1.25 | 64 | 2.0 | 1.19 (3.9%) | |
| 10% Yield On APEI Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 35.00 | 0.80 | 29 | 2.8 | 1.19 (3.9%) | |
| Sep 19 | 35.00 | 1.25 | 64 | 2.0 | 1.19 (3.9%) | |
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| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | IBIT dividend | 1. | CELC dividend | |
| 2. | NVDA dividend | 7. | TSLA dividend | 2. | CRML dividend | |
| 3. | GLD dividend | 8. | AMZN dividend | 3. | NFE dividend | |
| 4. | IWM dividend | 9. | AAPL dividend | 4. | ARES dividend | |
| 5. | SPY dividend | 10. | SMCI dividend | 5. | MBX dividend | |
Want more examples? APD Dividend | APG Dividend
