ABEV Dividend Type Payments
Although ABEV has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Ambev S.A. American Depositary Shares (Each representing 1 Common Share) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):
| Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 2.55 | 2.57 | 2.57 | +0.03 | 18.8M | 13 | 40B |
ABEV Dividend-Like Income Using Covered Calls
With ABEV at 2.57, 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% | 0.08 | 0.0 |
| 5% | 0.13 | 0.0 |
| 10% | 0.26 | 0.1 |
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 ABEV Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jan 15 | 3.00 | 0.10 | 411 | 0.0 | 0.43 (16.7%) | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | JANX dividend | |
| 2. | SPY dividend | 7. | GLD dividend | 2. | RZLT dividend | |
| 3. | IWM dividend | 8. | SLV dividend | 3. | IMNM dividend | |
| 4. | QQQ dividend | 9. | TLT dividend | 4. | PATH dividend | |
| 5. | IBIT dividend | 10. | FXI dividend | 5. | HUT dividend | |
Want more examples? ABEQ Dividend | ABG Dividend
