ASML Dividend Type Payments
Although ASML has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ASML Holding N.V. - New York Registry Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):
| ASML Holding N.V. - New York Registry Shares (ASML) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 797.00 | 803.00 | 801.39 | +5.44 | 1.1M | 33 | 254B |
ASML Dividend-Like Income Using Covered Calls
With ASML at 801.39, 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% | 24.04 | 6.6 |
| 5% | 40.07 | 11.0 |
| 10% | 80.14 | 22.0 |
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 ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 800.00 | 36.50 | 33 | 101.5 | 0.00 (0.0%) | |
| Jul 3 | 800.00 | 8.90 | 4 | 147.5 | 0.00 (0.0%) | |
| 5% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 800.00 | 36.50 | 33 | 101.5 | 0.00 (0.0%) | |
| Jul 3 | 800.00 | 8.90 | 4 | 147.5 | 0.00 (0.0%) | |
| 10% Yield On ASML Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 800.00 | 36.50 | 33 | 101.5 | 0.00 (0.0%) | |
| Jul 3 | 800.00 | 8.90 | 4 | 147.5 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TLT dividend | 1. | COGT dividend | |
| 2. | SLV dividend | 7. | TSLA dividend | 2. | ENPH dividend | |
| 3. | SPY dividend | 8. | AAPL dividend | 3. | SERV dividend | |
| 4. | GLD dividend | 9. | FXI dividend | 4. | TMC dividend | |
| 5. | IWM dividend | 10. | QQQ dividend | 5. | CIFR dividend | |
Want more examples? ASIX Dividend | ASND Dividend
