AHH Dividend

Armada Hoffler Properties, Inc dividend

Although AHH has a dividend of 0.21 with an ex-dividend date of Mar 26, you can sell covered calls on Armada Hoffler Properties, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

Armada Hoffler Properties, Inc (AHH)
Bid Ask Last Change Volume P/E Market Cap
12.76 16.11 15.47 +0.16 192K 43 0.8B

AHH Dividend-Like Income Using Covered Calls

With AHH at 15.47, here's a table showing how big the annual "dividend" (ie. 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% 0.46 0.1
5% 0.77 0.2
10% 1.55 0.4

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:

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

Top 10 Open Interest For Apr 18 Expiration     Top 5 High Yield
1.SPY dividend 6.FXI dividend   1.NKE dividend
2.EEM dividend 7.BMY dividend   2.MO dividend
3.SPX dividend 8.AAPL dividend   3.AMD dividend
4.QQQ dividend 9.IWM dividend   4.CGC dividend
5.USO dividend 10.NIO dividend   5.BCRX dividend

Want more examples? AHC Dividend | AHL Dividend