AMC Dividend Type Payments
Although AMC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AMC Entertainment Holdings, 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 4:16 PM ET):
| AMC Entertainment Holdings, Inc. Class A (AMC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 3.52 | 3.54 | 3.54 | +0.06 | 19.2M | - | 3.0B |
AMC Dividend-Like Income Using Covered Calls
With AMC at 3.54, 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% | 0.11 | 0.0 |
| 5% | 0.18 | 0.0 |
| 10% | 0.35 | 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 AMC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 4.00 | 0.13 | 15 | 0.9 | 0.46 (13.0%) | |
| Aug 8 | 4.00 | 0.19 | 22 | 0.9 | 0.46 (13.0%) | |
| 5% Yield On AMC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 4.00 | 0.13 | 15 | 0.9 | 0.46 (13.0%) | |
| Aug 8 | 4.00 | 0.19 | 22 | 0.9 | 0.46 (13.0%) | |
| 10% Yield On AMC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 4.00 | 0.13 | 15 | 0.9 | 0.46 (13.0%) | |
| Aug 8 | 4.00 | 0.19 | 22 | 0.9 | 0.46 (13.0%) | |
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| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | IBIT dividend | 1. | CELC dividend | |
| 2. | NVDA dividend | 7. | TSLA dividend | 2. | CRML dividend | |
| 3. | GLD dividend | 8. | AMZN dividend | 3. | NFE dividend | |
| 4. | IWM dividend | 9. | AAPL dividend | 4. | ARES dividend | |
| 5. | SPY dividend | 10. | SMCI dividend | 5. | MBX dividend | |
Want more examples? AMBR Dividend | AMCR Dividend
