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 Thu 10:15 AM ET):
| ACM Research, Inc. - Class A (ACMR) |
|---|
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 25.15 |
25.21 |
25.20 |
-0.26 |
192K |
15 |
1.6B |
ACMR Dividend-Like Income Using Covered Calls
With ACMR at 25.20, 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% |
0.76 |
0.2 |
| 5% |
1.26 |
0.3 |
| 10% |
2.52 |
0.7 |
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 |
| Oct 17 |
26.00 |
1.80 |
65 |
2.8 |
0.79 (3.1%) |
| Sep 19 |
26.00 |
1.25 |
37 |
3.4 |
0.79 (3.1%) |
| 5% Yield On ACMR Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Oct 17 |
26.00 |
1.80 |
65 |
2.8 |
0.79 (3.1%) |
| Sep 19 |
26.00 |
1.25 |
37 |
3.4 |
0.79 (3.1%) |
| 10% Yield On ACMR Using Covered Calls |
|---|
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Oct 17 |
26.00 |
1.80 |
65 |
2.8 |
0.79 (3.1%) |
| Sep 19 |
26.00 |
1.25 |
37 |
3.4 |
0.79 (3.1%) |
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