ANF Dividend Type Payments
Although ANF has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Abercrombie & Fitch Company to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:00 PM ET):
Abercrombie & Fitch Company (ANF) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
129.98 | 130.22 | 130.10 | +3.82 | 935K | 13 | 6.4B |
ANF Dividend-Like Income Using Covered Calls
With ANF at 130.10, 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% | 3.90 | 1.1 |
5% | 6.51 | 1.8 |
10% | 13.01 | 3.6 |
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 ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 130.00 | 4.90 | 17 | 27.5 | 0.00 (0.0%) | |
Feb 14 | 130.00 | 5.90 | 24 | 23.7 | 0.00 (0.0%) |
5% Yield On ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 130.00 | 4.90 | 17 | 27.5 | 0.00 (0.0%) | |
Feb 14 | 130.00 | 5.90 | 24 | 23.7 | 0.00 (0.0%) |
10% Yield On ANF Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 130.00 | 4.90 | 17 | 27.5 | 0.00 (0.0%) | |
Feb 14 | 130.00 | 5.90 | 24 | 23.7 | 0.00 (0.0%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | SLV dividend | 1. | QUBT dividend | |
2. | TLT dividend | 7. | TSLA dividend | 2. | IONQ dividend | |
3. | SPY dividend | 8. | AMZN dividend | 3. | SMCI dividend | |
4. | IWM dividend | 9. | AAPL dividend | 4. | SNAP dividend | |
5. | FXI dividend | 10. | ASHR dividend | 5. | MBLY dividend |
Want more examples? ANEW Dividend | ANGI Dividend