BAM Dividend

Although BAM has a dividend of 0.44 with an ex-dividend date of Nov 28, you can sell covered calls on Brookfield Asset Management Inc Class A Limited Voting Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
49.85	52.00	51.31	+0.52	3.1M	-	82B

BAM Dividend-Like Income Using Covered Calls

With BAM at 51.31, 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%	1.54	0.4
5%	2.57	0.7
10%	5.13	1.4

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 BAM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	52.50	0.85	25	3.4	0.50 (1.0%)
Jan 16	52.50	1.70	53	3.2	0.50 (1.0%)

5% Yield On BAM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	52.50	0.85	25	3.4	0.50 (1.0%)
Jan 16	52.50	1.70	53	3.2	0.50 (1.0%)

10% Yield On BAM Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	52.50	0.85	25	3.4	0.50 (1.0%)
Jan 16	52.50	1.70	53	3.2	0.50 (1.0%)

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Top 10 Open Interest For Dec 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	RZLT dividend
2.	IWM dividend	7.	SLV dividend	2.	IMNM dividend
3.	IBIT dividend	8.	GLD dividend	3.	NTNX dividend
4.	SPY dividend	9.	TLT dividend	4.	IREN dividend
5.	QQQ dividend	10.	FXI dividend	5.	VTYX dividend

Want more examples? BALT Dividend | BANC Dividend