ATO Dividend Type Payments

Atmos Energy Corporation dividend

Although ATO has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Atmos Energy Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 9:55 AM ET):

Atmos Energy Corporation (ATO)
Bid Ask Last Change Volume P/E Market Cap
173.82 174.39 173.99 +0.65 33K 23 28B

ATO Dividend-Like Income Using Covered Calls

With ATO at 173.99, 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% 5.22 1.4
5% 8.70 2.4
10% 17.40 4.8

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 ATO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 175.00 0.75 24 3.1 0.61 (0.4%)
Jan 16 175.00 2.40 52 4.6 0.61 (0.4%)
5% Yield On ATO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 175.00 0.75 24 3.1 0.61 (0.4%)
Jan 16 175.00 2.40 52 4.6 0.61 (0.4%)
10% Yield On ATO Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 17 175.00 7.00 143 4.9 0.61 (0.4%)

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

 
 
Top 10 Open Interest For Dec 19 Expiration     Top 5 High Yield
1.NVDA dividend 6.EEM dividend   1.RZLT dividend
2.IBIT dividend 7.SLV dividend   2.IMNM dividend
3.IWM dividend 8.GLD dividend   3.ALT dividend
4.SPY dividend 9.TLT dividend   4.IREN dividend
5.QQQ dividend 10.FXI dividend   5.BMNR dividend

Want more examples? ATNM Dividend | ATOM Dividend