ATNI Dividend Type Payments

Although ATNI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ATN International, Inc. 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):

ATN International, Inc. (ATNI)
Bid Ask Last Change Volume P/E Market Cap
26.85 32.42 28.72 +0.46 60K - 0.4B

ATNI Dividend-Like Income Using Covered Calls

With ATNI at 28.72, 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% 0.86 0.2
5% 1.44 0.4
10% 2.87 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:

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

Want more examples? ATMP Dividend | ATNM Dividend