ACMR Dividend Type Payments
Although ACMR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ACM Research, Inc. - Class A 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):
ACM Research, Inc. - Class A (ACMR) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
18.33 |
18.88 |
18.59 |
+0.95 |
1.2M |
13 |
1.1B |
ACMR Dividend-Like Income Using Covered Calls
With ACMR at 18.59, 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% |
0.56 |
0.2 |
5% |
0.93 |
0.3 |
10% |
1.86 |
0.5 |
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 ACMR Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Aug 15 |
19.00 |
3.60 |
207 |
1.7 |
0.12 (0.6%) |
May 16 |
19.00 |
2.60 |
116 |
2.2 |
0.12 (0.6%) |
5% Yield On ACMR Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Aug 15 |
19.00 |
3.60 |
207 |
1.7 |
0.12 (0.6%) |
May 16 |
19.00 |
2.60 |
116 |
2.2 |
0.12 (0.6%) |
10% Yield On ACMR Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Aug 15 |
19.00 |
3.60 |
207 |
1.7 |
0.12 (0.6%) |
May 16 |
19.00 |
2.60 |
116 |
2.2 |
0.12 (0.6%) |
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