ACMR Dividend Type Payments
Although ACMR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ACM Research, Inc. - Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 10:30 AM ET):
| ACM Research, Inc. - Class A (ACMR) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 38.43 |
38.59 |
38.51 |
-1.48 |
552K |
23 |
2.6B |
ACMR Dividend-Like Income Using Covered Calls
With ACMR at 38.51, 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% |
1.16 |
0.3 |
| 5% |
1.93 |
0.5 |
| 10% |
3.85 |
1.1 |
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 ACMR Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
39.00 |
1.15 |
8 |
14.4 |
0.41 (1.1%) |
| May 15 |
39.00 |
6.90 |
155 |
4.5 |
0.41 (1.1%) |
| 5% Yield On ACMR Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
39.00 |
1.15 |
8 |
14.4 |
0.41 (1.1%) |
| May 15 |
39.00 |
6.90 |
155 |
4.5 |
0.41 (1.1%) |
| 10% Yield On ACMR Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 19 |
39.00 |
1.15 |
8 |
14.4 |
0.41 (1.1%) |
| May 15 |
39.00 |
6.90 |
155 |
4.5 |
0.41 (1.1%) |
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