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 Wed 4:16 PM ET):
ASML Holding N.V. - New York Registry Shares (ASML) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
873.40 | 877.40 | 872.27 | -6.15 | 1.5M | 37 | 280B |
ASML Dividend-Like Income Using Covered Calls
With ASML at 872.27, 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% | 26.17 | 7.2 |
5% | 43.61 | 11.9 |
10% | 87.23 | 23.9 |
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 | |
Oct 3 | 875.00 | 23.30 | 17 | 122.9 | 0.00 (0.0%) | |
Oct 10 | 1000.00 | 1.90 | 24 | 7.9 | 122.60 (14.1%) |
5% Yield On ASML Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 3 | 875.00 | 23.30 | 17 | 122.9 | 0.00 (0.0%) | |
Oct 10 | 875.00 | 28.00 | 24 | 106.7 | 0.00 (0.0%) |
10% Yield On ASML Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 3 | 875.00 | 23.30 | 17 | 122.9 | 0.00 (0.0%) | |
Oct 10 | 875.00 | 28.00 | 24 | 106.7 | 0.00 (0.0%) |
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Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | CBRL dividend | |
2. | SPY dividend | 7. | IBIT dividend | 2. | AEVA dividend | |
3. | PCG dividend | 8. | IWM dividend | 3. | OPEN dividend | |
4. | TSLA dividend | 9. | SLV dividend | 4. | QURE dividend | |
5. | QQQ dividend | 10. | FXI dividend | 5. | LDI dividend |
Want more examples? ASMB Dividend | ASND Dividend