ASML Dividend Type Payments
Although ASML has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ASML Holding N.V. - New York Registry 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):
ASML Holding N.V. - New York Registry Shares (ASML) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
752.00 | 756.32 | 756.33 | +6.05 | 1.9M | 38 | 239B |
ASML Dividend-Like Income Using Covered Calls
With ASML at 756.33, 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% | 22.69 | 6.2 |
5% | 37.82 | 10.4 |
10% | 75.63 | 20.7 |
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 ASML Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 755.00 | 32.40 | 22 | 141.3 | 0.00 (0.0%) | |
Feb 14 | 755.00 | 36.10 | 29 | 119.9 | 0.00 (0.0%) |
5% Yield On ASML Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 755.00 | 32.40 | 22 | 141.3 | 0.00 (0.0%) | |
Feb 14 | 755.00 | 36.10 | 29 | 119.9 | 0.00 (0.0%) |
10% Yield On ASML Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Feb 7 | 755.00 | 32.40 | 22 | 141.3 | 0.00 (0.0%) | |
Feb 14 | 755.00 | 36.10 | 29 | 119.9 | 0.00 (0.0%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | FXI dividend | 1. | RGTI dividend | |
2. | TLT dividend | 7. | TSLA dividend | 2. | QUBT dividend | |
3. | IWM dividend | 8. | AMZN dividend | 3. | DJT dividend | |
4. | SPY dividend | 9. | ASHR dividend | 4. | MSTR dividend | |
5. | SLV dividend | 10. | AAPL dividend | 5. | SOUN dividend |
Want more examples? ASIX Dividend | ASND Dividend