AMC Dividend

Although AMC has a dividend of 0.20 with an ex-dividend date of Sep 7, you can sell covered calls on AMC ENTERTAINMENT HOLDINGS INC to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

AMC ENTERTAINMENT HOLDINGS INC (AMC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
17.60	17.85	17.70	+0.20	2.3M	-	2.2B

AMC Dividend-Like Income Using Covered Calls

With AMC at 17.70, 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%	0.53	0.1
5%	0.89	0.2
10%	1.77	0.5

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 17	18.00	0.10	3	3.3	0.15 (0.8%)
Aug 24	19.00	0.05	10	0.5	1.15 (6.5%)

5% Yield On AMC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 17	18.00	0.10	3	3.3	0.15 (0.8%)
Aug 24	19.00	0.05	10	0.5	1.15 (6.5%)

10% Yield On AMC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 17	18.00	0.10	3	3.3	0.15 (0.8%)
Aug 24	19.00	0.05	10	0.5	1.15 (6.5%)

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Top 10 Open Interest For Aug 17 Expiration				Top 5 High Yield
1.	SPY dividend	6.	XLF dividend	1.	NVDA dividend
2.	EEM dividend	7.	FB dividend	2.	UVXY dividend
3.	QQQ dividend	8.	FXI dividend	3.	JWN dividend
4.	SPX dividend	9.	GLD dividend	4.	GDS dividend
5.	BAC dividend	10.	AABA dividend	5.	AMAT dividend

Want more examples? AMBR Dividend | AMCN Dividend