AME Dividend Type Payments

AMETEK, Inc. dividend

Although AME has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on AMETEK, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:05 PM ET):

AMETEK, Inc. (AME)
Bid Ask Last Change Volume P/E Market Cap
236.10 236.42 236.26 +3.15 670K 37 54B

AME Dividend-Like Income Using Covered Calls

With AME at 236.26, 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% 7.09 1.9
5% 11.81 3.2
10% 23.63 6.5

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 AME Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Feb 20 240.00 0.30 10 3.0 3.58 (1.5%)
Mar 20 240.00 4.80 38 12.6 3.58 (1.5%)
5% Yield On AME Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 20 240.00 4.80 38 12.6 3.58 (1.5%)
Jun 18 240.00 11.00 128 8.6 3.58 (1.5%)
10% Yield On AME Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 20 240.00 4.80 38 12.6 3.58 (1.5%)
Jun 18 240.00 11.00 128 8.6 3.58 (1.5%)

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

 
 
Top 10 Open Interest For Feb 20 Expiration     Top 5 High Yield
1.SLV dividend 6.QQQ dividend   1.APP dividend
2.NVDA dividend 7.SPY dividend   2.AAP dividend
3.KWEB dividend 8.EWZ dividend   3.PINS dividend
4.GLD dividend 9.TLT dividend   4.RIVN dividend
5.IBIT dividend 10.INTC dividend   5.NBIS dividend

Want more examples? AMDW Dividend | AMG Dividend