ASML Dividend
Although ASML has a dividend of 1.92 with an ex-dividend date of Apr 28, 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 4:16 PM ET):
| ASML Holding N.V. - New York Registry Shares (ASML) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 728.00 | 730.33 | 730.33 | +16.33 | 1.4M | 36 | 227B |
ASML Dividend-Like Income Using Covered Calls
With ASML at 730.33, 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% | 21.91 | 6.0 |
| 5% | 36.52 | 10.0 |
| 10% | 73.03 | 20.0 |
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 | |
| Apr 4 | 727.50 | 23.70 | 19 | 109.8 | 0.00 (0.0%) | |
| Apr 11 | 730.00 | 29.00 | 26 | 110.3 | 0.00 (0.0%) | |
| 5% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 4 | 727.50 | 23.70 | 19 | 109.8 | 0.00 (0.0%) | |
| Apr 11 | 730.00 | 29.00 | 26 | 110.3 | 0.00 (0.0%) | |
| 10% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 4 | 727.50 | 23.70 | 19 | 109.8 | 0.00 (0.0%) | |
| Apr 11 | 730.00 | 29.00 | 26 | 110.3 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Mar 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | ZIM dividend | |
| 2. | SPY dividend | 7. | TSLA dividend | 2. | ASO dividend | |
| 3. | IWM dividend | 8. | KWEB dividend | 3. | RGTI dividend | |
| 4. | FXI dividend | 9. | INTC dividend | 4. | SOUN dividend | |
| 5. | QQQ dividend | 10. | TLT dividend | 5. | WSM dividend | |
Want more examples? ASIX Dividend | ASND Dividend
