ABEV Dividend Type Payments
Although ABEV has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Ambev S.A. American Depositary Shares (Each representing 1 Common Share) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
1.78 | 1.79 | 1.78 | -0.03 | 35.7M | 11 | 28B |
ABEV Dividend-Like Income Using Covered Calls
With ABEV at 1.78, 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% | 0.05 | 0.0 |
5% | 0.09 | 0.0 |
10% | 0.18 | 0.0 |
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 ABEV Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 2.00 | 0.05 | 183 | 0.0 | 0.21 (11.8%) | |
Jan 16 | 2.00 | 0.15 | 365 | 0.0 | 0.21 (11.8%) |
5% Yield On ABEV Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 2.00 | 0.05 | 183 | 0.0 | 0.21 (11.8%) | |
Jan 16 | 2.00 | 0.15 | 365 | 0.0 | 0.21 (11.8%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | FXI dividend | 1. | RGTI dividend | |
2. | TLT dividend | 7. | TSLA dividend | 2. | QUBT dividend | |
3. | IWM dividend | 8. | AMZN dividend | 3. | DJT dividend | |
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5. | SLV dividend | 10. | AAPL dividend | 5. | SOUN dividend |
Want more examples? ABEQ Dividend | ABG Dividend