AR Dividend Type Payments

Antero Resources Corporation dividend

Although AR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Antero Resources Corporation 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):

Antero Resources Corporation (AR)
Bid Ask Last Change Volume P/E Market Cap
28.76 28.85 28.86 -0.30 3.8M 37 8.9B

AR Dividend-Like Income Using Covered Calls

With AR at 28.86, 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% 0.87 0.2
5% 1.44 0.4
10% 2.89 0.8

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 AR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 26 29.00 0.80 9 8.9 0.15 (0.5%)
May 3 29.00 0.98 16 6.1 0.15 (0.5%)
5% Yield On AR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 26 29.00 0.80 9 8.9 0.15 (0.5%)
May 3 29.00 0.98 16 6.1 0.15 (0.5%)
10% Yield On AR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 26 29.00 0.80 9 8.9 0.15 (0.5%)
May 3 29.00 0.98 16 6.1 0.15 (0.5%)

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

 
 
Top 10 Open Interest For May 17 Expiration     Top 5 High Yield
1.HYG dividend 6.KWEB dividend   1.VNDA dividend
2.IWM dividend 7.EEM dividend   2.CVNA dividend
3.FXI dividend 8.SLV dividend   3.DJT dividend
4.SPY dividend 9.TSLA dividend   4.MPW dividend
5.QQQ dividend 10.EWZ dividend   5.UPST dividend

Want more examples? AQST Dividend | ARAY Dividend