CAMT Dividend Type Payments
Although CAMT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Camtek Ltd. - Ordinary 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):
| Camtek Ltd. - Ordinary Shares (CAMT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 78.05 | 83.10 | 82.04 | -2.52 | 554K | 32 | 3.7B |
CAMT Dividend-Like Income Using Covered Calls
With CAMT at 82.04, 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% | 2.46 | 0.7 |
| 5% | 4.10 | 1.1 |
| 10% | 8.20 | 2.2 |
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 CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 85.00 | 5.00 | 46 | 10.9 | 1.90 (2.3%) | |
| Jul 18 | 85.00 | 1.95 | 18 | 10.8 | 1.90 (2.3%) | |
| 5% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 85.00 | 5.00 | 46 | 10.9 | 1.90 (2.3%) | |
| Jul 18 | 85.00 | 1.95 | 18 | 10.8 | 1.90 (2.3%) | |
| 10% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 85.00 | 5.00 | 46 | 10.9 | 1.90 (2.3%) | |
| Jul 18 | 85.00 | 1.95 | 18 | 10.8 | 1.90 (2.3%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | COGT dividend | |
| 2. | SLV dividend | 7. | AAPL dividend | 2. | STZ dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | IREN dividend | |
| 4. | IWM dividend | 9. | FXI dividend | 4. | CIFR dividend | |
| 5. | TSLA dividend | 10. | QQQ dividend | 5. | IONQ dividend | |
Want more examples? CALX Dividend | CAN Dividend
