ATEX Dividend Type Payments

Although ATEX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Anterix Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

Anterix Inc. (ATEX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
36.00	52.00	38.20	-0.43	82K	-	0.7B

ATEX Dividend-Like Income Using Covered Calls

With ATEX at 38.20, 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%	1.15	0.3
5%	1.91	0.5
10%	3.82	1.0

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 ATEX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	55.00	0.85	149	0.6	3.00 (7.9%)

5% Yield On ATEX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	55.00	0.85	149	0.6	3.00 (7.9%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Mar 21 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	TSLA dividend	1.	PL dividend
2.	SPY dividend	7.	EEM dividend	2.	EWTX dividend
3.	IWM dividend	8.	KWEB dividend	3.	ZIM dividend
4.	FXI dividend	9.	INTC dividend	4.	ALDX dividend
5.	QQQ dividend	10.	TLT dividend	5.	SLNO dividend

Want more examples? ATEN Dividend | ATGE Dividend