AVD Dividend Type Payments

Although AVD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on American Vanguard Corporation ($0.10 Par Value) 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):

American Vanguard Corporation ($0.10 Par Value) (AVD)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
4.32	4.63	4.43	+0.01	163K	-	0.1B

AVD Dividend-Like Income Using Covered Calls

With AVD at 4.43, 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%	0.13	0.0
5%	0.22	0.1
10%	0.44	0.1

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 AVD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	5.00	0.25	79	0.3	0.37 (8.4%)
Jul 18	5.00	0.15	51	0.3	0.37 (8.4%)

5% Yield On AVD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	5.00	0.25	79	0.3	0.37 (8.4%)
Jul 18	5.00	0.15	51	0.3	0.37 (8.4%)

10% Yield On AVD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	5.00	0.25	79	0.3	0.37 (8.4%)
Jul 18	5.00	0.15	51	0.3	0.37 (8.4%)

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

Top 10 Open Interest For Jun 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	ALT dividend
2.	SPY dividend	7.	EEM dividend	2.	MRVL dividend
3.	SLV dividend	8.	FXI dividend	3.	QUBT dividend
4.	QQQ dividend	9.	TSLA dividend	4.	RUN dividend
5.	GLD dividend	10.	TLT dividend	5.	QBTS dividend

Want more examples? AVB Dividend | AVDE Dividend