AVD Dividend Type Payments

American Vanguard Corporation ($0.10 Par Value) dividend

Although AVD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on American Vanguard Corporation ($0.10 Par Value) 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):

American Vanguard Corporation ($0.10 Par Value) (AVD)
Bid Ask Last Change Volume P/E Market Cap
4.10 4.49 4.34 +0.02 188K - 0.1B

AVD Dividend-Like Income Using Covered Calls

With AVD at 4.34, 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% 0.13 0.0
5% 0.22 0.1
10% 0.43 0.1

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 AVD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 5.00 0.20 173 0.1 0.51 (11.8%)
5% Yield On AVD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 5.00 0.20 173 0.1 0.51 (11.8%)

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.TLT dividend   2.IMNM dividend
3.IWM dividend 8.SLV dividend   3.GPCR dividend
4.SPY dividend 9.GLD dividend   4.EOSE dividend
5.QQQ dividend 10.FXI dividend   5.CIFR dividend

Want more examples? AVB Dividend | AVDE Dividend