ASR Dividend Type Payments

GRUPO AEROPORTUARIO DEL dividend

Although ASR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on GRUPO AEROPORTUARIO DEL 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):

GRUPO AEROPORTUARIO DEL (ASR)
Bid Ask Last Change Volume P/E Market Cap
178.52 178.86 178.45 -1.90 60K 17 5.6B

ASR Dividend-Like Income Using Covered Calls

With ASR at 178.45, 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% 5.35 1.5
5% 8.92 2.4
10% 17.85 4.9

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 ASR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 195.00 0.65 37 1.8 16.14 (9.0%)
Dec 21 200.00 3.20 128 2.5 21.14 (11.8%)
5% Yield On ASR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 190.00 1.40 37 3.8 11.14 (6.2%)
Dec 21 200.00 3.20 128 2.5 21.14 (11.8%)
10% Yield On ASR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 21 185.00 2.60 37 7.0 6.14 (3.4%)
Dec 21 185.00 8.00 128 6.3 6.14 (3.4%)

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Top 10 Open Interest For Sep 21 Expiration     Top 5 High Yield
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Want more examples? ASPS Dividend | ASRV Dividend