LMAT Dividend Type Payments

LeMaitre Vascular, Inc. dividend

Although LMAT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on LeMaitre Vascular, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:55 PM ET):

LeMaitre Vascular, Inc. (LMAT)
Bid Ask Last Change Volume P/E Market Cap
89.69 90.11 89.90 -1.03 127K 50 2.0B

LMAT Dividend-Like Income Using Covered Calls

With LMAT at 89.90, 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% 2.70 0.7
5% 4.50 1.2
10% 8.99 2.5

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 LMAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 90.00 0.65 3 18.0 0.00 (0.0%)
Jan 17 90.00 2.05 31 6.3 0.00 (0.0%)
5% Yield On LMAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 90.00 0.65 3 18.0 0.00 (0.0%)
Jan 17 90.00 2.05 31 6.3 0.00 (0.0%)
10% Yield On LMAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 90.00 0.65 3 18.0 0.00 (0.0%)
Jan 17 90.00 2.05 31 6.3 0.00 (0.0%)

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Top 10 Open Interest For Dec 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.EEM dividend   1.QBTS dividend
2.SPY dividend 7.IWM dividend   2.RGTI dividend
3.XLF dividend 8.KWEB dividend   3.SERV dividend
4.QQQ dividend 9.TLT dividend   4.FDX dividend
5.FXI dividend 10.TSLA dividend   5.SEDG dividend

Want more examples? LLY Dividend | LMND Dividend