ASML Dividend Type Payments
Although ASML has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ASML Holding N.V. - New York Registry Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 10:55 AM ET):
| ASML Holding N.V. - New York Registry Shares (ASML) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 864.38 | 864.56 | 864.46 | +23.77 | 795K | 46 | 268B |
ASML Dividend-Like Income Using Covered Calls
With ASML at 864.46, 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% | 25.93 | 7.1 |
| 5% | 43.22 | 11.8 |
| 10% | 86.45 | 23.7 |
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 ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 1 | 1000.00 | 3.10 | 19 | 16.3 | 135.44 (15.7%) | |
| Nov 8 | 1000.00 | 5.60 | 26 | 21.5 | 135.44 (15.7%) | |
| 5% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 1 | 1000.00 | 3.10 | 19 | 16.3 | 135.44 (15.7%) | |
| Nov 8 | 1000.00 | 5.60 | 26 | 21.5 | 135.44 (15.7%) | |
| 10% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 1 | 865.00 | 35.30 | 19 | 185.8 | 0.44 (0.1%) | |
| Nov 8 | 865.00 | 40.00 | 26 | 153.8 | 0.44 (0.1%) | |
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| Top 10 Open Interest For Oct 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | QQQ dividend | 1. | ANRO dividend | |
| 2. | FXI dividend | 7. | EEM dividend | 2. | ULCC dividend | |
| 3. | IWM dividend | 8. | SLV dividend | 3. | VNDA dividend | |
| 4. | SPY dividend | 9. | KWEB dividend | 4. | DJT dividend | |
| 5. | TSLA dividend | 10. | SMCI dividend | 5. | SGH dividend | |
Want more examples? ASIX Dividend | ASND Dividend
