CAMT Dividend Type Payments
Although CAMT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Camtek Ltd. - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 1:50 PM ET):
| Camtek Ltd. - Ordinary Shares (CAMT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 81.68 | 81.78 | 81.70 | -1.99 | 101K | 38 | 3.6B |
CAMT Dividend-Like Income Using Covered Calls
With CAMT at 81.70, 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% | 2.45 | 0.7 |
| 5% | 4.09 | 1.1 |
| 10% | 8.17 | 2.2 |
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 CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 100.00 | 8.30 | 232 | 3.6 | 18.22 (22.3%) | |
| May 16 | 100.00 | 5.30 | 141 | 3.8 | 18.22 (22.3%) | |
| 5% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 100.00 | 8.30 | 232 | 3.6 | 18.22 (22.3%) | |
| May 16 | 100.00 | 5.30 | 141 | 3.8 | 18.22 (22.3%) | |
| 10% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 100.00 | 8.30 | 232 | 3.6 | 18.22 (22.3%) | |
| May 16 | 100.00 | 5.30 | 141 | 3.8 | 18.22 (22.3%) | |
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| Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | XLF dividend | 1. | NMRA dividend | |
| 2. | SLV dividend | 7. | SPY dividend | 2. | QBTS dividend | |
| 3. | AAPL dividend | 8. | IWM dividend | 3. | RGTI dividend | |
| 4. | EEM dividend | 9. | TSLA dividend | 4. | ACHR dividend | |
| 5. | INTC dividend | 10. | TLT dividend | 5. | QUBT dividend | |
Want more examples? CALX Dividend | CAN Dividend
