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 Wed 4:16 PM ET):

Amarin Corporation plc - American Depositary Shares, each representing o (AMRN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
0.54	0.60	0.56	-0.03	791K	-	0.0B

AMRN Dividend-Like Income Using Covered Calls

With AMRN at 0.56, 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%	0.02	0.0
5%	0.03	0.0
10%	0.06	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
Sep 19	1.00	0.05	234	0.0	0.40 (71.4%)

5% Yield On AMRN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	1.00	0.05	234	0.0	0.40 (71.4%)

10% Yield On AMRN Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	1.00	0.05	234	0.0	0.40 (71.4%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Feb 21 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	TSLA dividend	1.	SMCI dividend
2.	TLT dividend	7.	QQQ dividend	2.	SOUN dividend
3.	SPY dividend	8.	SLV dividend	3.	RCAT dividend
4.	IWM dividend	9.	KWEB dividend	4.	NBIS dividend
5.	FXI dividend	10.	AMZN dividend	5.	CLSK dividend

Want more examples? AMRC Dividend | AMRX Dividend