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 Thu 12:05 PM ET):
American Public Education, Inc. (APEI) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
30.41 | 30.57 | 30.51 | +0.25 | 28K | 29 | 0.5B |
APEI Dividend-Like Income Using Covered Calls
With APEI at 30.51, 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% | 0.92 | 0.3 |
5% | 1.53 | 0.4 |
10% | 3.05 | 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 | |
Oct 17 | 35.00 | 0.40 | 58 | 0.7 | 4.43 (14.5%) | |
Dec 19 | 35.00 | 1.75 | 121 | 1.4 | 4.43 (14.5%) |
5% Yield On APEI Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 17 | 35.00 | 0.40 | 58 | 0.7 | 4.43 (14.5%) | |
Dec 19 | 35.00 | 1.75 | 121 | 1.4 | 4.43 (14.5%) |
10% Yield On APEI Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 35.00 | 1.75 | 121 | 1.4 | 4.43 (14.5%) | |
Nov 21 | 35.00 | 1.50 | 93 | 1.6 | 4.43 (14.5%) |
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Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | IREN dividend | |
2. | PCG dividend | 7. | FXI dividend | 2. | ATYR dividend | |
3. | IWM dividend | 8. | QQQ dividend | 3. | MBX dividend | |
4. | SPY dividend | 9. | IBIT dividend | 4. | BHVN dividend | |
5. | EEM dividend | 10. | INTC dividend | 5. | DNTH dividend |
Want more examples? APD Dividend | APG Dividend