AOSL Dividend Type Payments
Although AOSL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Alpha and Omega Semiconductor Limited - Common Shares 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):
| Alpha and Omega Semiconductor Limited - Common Shares (AOSL) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 36.10 | 39.00 | 38.63 | +2.09 | 341K | - | 1.1B |
AOSL Dividend-Like Income Using Covered Calls
With AOSL at 38.63, 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% | 1.16 | 0.3 |
| 5% | 1.93 | 0.5 |
| 10% | 3.86 | 1.1 |
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 AOSL Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 17 | 40.00 | 1.45 | 15 | 9.7 | 1.00 (2.6%) | |
| Jun 20 | 40.00 | 7.30 | 169 | 4.3 | 1.00 (2.6%) | |
| 5% Yield On AOSL Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 17 | 40.00 | 1.45 | 15 | 9.7 | 1.00 (2.6%) | |
| Jun 20 | 40.00 | 7.30 | 169 | 4.3 | 1.00 (2.6%) | |
| 10% Yield On AOSL Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 17 | 40.00 | 1.45 | 15 | 9.7 | 1.00 (2.6%) | |
| Jun 20 | 40.00 | 7.30 | 169 | 4.3 | 1.00 (2.6%) | |
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| Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SPY dividend | 1. | QSI dividend | |
| 2. | SLV dividend | 7. | XLF dividend | 2. | RIVN dividend | |
| 3. | AAPL dividend | 8. | IWM dividend | 3. | QUBT dividend | |
| 4. | EEM dividend | 9. | TSLA dividend | 4. | QBTS dividend | |
| 5. | INTC dividend | 10. | TLT dividend | 5. | IONQ dividend | |
Want more examples? AOS Dividend | AOUT Dividend
