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 Fri 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
2.26 2.27 2.26 -0.02 14.6M 13 36B

ABEV Dividend-Like Income Using Covered Calls

With ABEV at 2.26, 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% 0.07 0.0
5% 0.11 0.0
10% 0.23 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 16 2.50 0.05 162 0.0 0.23 (10.2%)
Jan 15 2.50 0.10 526 0.0 0.23 (10.2%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Aug 15 Expiration     Top 5 High Yield
1.NVDA dividend 6.GLD dividend   1.CAPR dividend
2.SLV dividend 7.TSLA dividend   2.CORZ dividend
3.SPY dividend 8.AMZN dividend   3.LQDA dividend
4.IWM dividend 9.INTC dividend   4.VG dividend
5.IBIT dividend 10.QQQ dividend   5.RCAT dividend

Want more examples? ABEQ Dividend | ABG Dividend