ATR Dividend Type Payments

AptarGroup, Inc. dividend

Although ATR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AptarGroup, Inc. 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):

AptarGroup, Inc. (ATR)
Bid Ask Last Change Volume P/E Market Cap
157.31 162.59 159.83 +3.74 271K 31 10B

ATR Dividend-Like Income Using Covered Calls

With ATR at 159.83, 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% 4.79 1.3
5% 7.99 2.2
10% 15.98 4.4

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 ATR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 165.00 3.50 207 1.7 2.41 (1.5%)
Feb 21 165.00 1.00 32 3.1 2.41 (1.5%)
5% Yield On ATR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Feb 21 165.00 1.00 32 3.1 2.41 (1.5%)

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Want more examples? ATOS Dividend | ATRC Dividend