AGCO Dividend Type Payments

AGCO Corporation dividend

Although AGCO has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AGCO Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 1:50 PM ET):

AGCO Corporation (AGCO)
Bid Ask Last Change Volume P/E Market Cap
105.00 105.10 105.05 +0.66 170K 21 7.8B

AGCO Dividend-Like Income Using Covered Calls

With AGCO at 105.05, 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% 3.15 0.9
5% 5.25 1.4
10% 10.51 2.9

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 AGCO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 105.00 7.80 137 5.6 0.00 (0.0%)
Jan 16 105.00 2.20 18 11.7 0.00 (0.0%)
5% Yield On AGCO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 105.00 7.80 137 5.6 0.00 (0.0%)
Jan 16 105.00 2.20 18 11.7 0.00 (0.0%)
10% Yield On AGCO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 105.00 7.80 137 5.6 0.00 (0.0%)
Jan 16 105.00 2.20 18 11.7 0.00 (0.0%)

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

 
 
Top 10 Open Interest For Jan 16 Expiration     Top 5 High Yield
1.NVDA dividend 6.AAPL dividend   1.PGR dividend
2.INTC dividend 7.GLD dividend   2.IMRX dividend
3.IBIT dividend 8.SPY dividend   3.ASTS dividend
4.TLT dividend 9.NIO dividend   4.SOC dividend
5.SLV dividend 10.NFLX dividend   5.HL dividend

Want more examples? AG Dividend | AGEN Dividend