AMRN Dividend Type Payments

Although AMRN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Amarin Corporation plc - American Depositary Shares, each representing o 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):

Amarin Corporation plc - American Depositary Shares, each representing o (AMRN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
0.50	0.52	0.49	+0.03	2.0M	-	0.0B

AMRN Dividend-Like Income Using Covered Calls

With AMRN at 0.49, 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%	0.01	0.0
5%	0.02	0.0
10%	0.05	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 AMRN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	1.00	0.05	214	0.0	0.48 (98.0%)

5% Yield On AMRN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	1.00	0.05	214	0.0	0.48 (98.0%)

10% Yield On AMRN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	1.00	0.05	214	0.0	0.48 (98.0%)

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