BAM Dividend Type Payments

Brookfield Asset Management Inc Class A Limited Voting Shares dividend

Although BAM has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Brookfield Asset Management Inc Class A Limited Voting Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 2:45 PM ET):

Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
Bid Ask Last Change Volume P/E Market Cap
52.71 52.77 52.74 -1.08 650K - 88B

BAM Dividend-Like Income Using Covered Calls

With BAM at 52.74, 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% 1.58 0.4
5% 2.64 0.7
10% 5.27 1.4

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 BAM Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 55.00 0.50 17 2.9 2.23 (4.2%)
Oct 17 55.00 4.10 171 2.4 2.23 (4.2%)
5% Yield On BAM Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 55.00 0.50 17 2.9 2.23 (4.2%)
Oct 17 55.00 4.10 171 2.4 2.23 (4.2%)
10% Yield On BAM Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 16 55.00 0.50 17 2.9 2.23 (4.2%)
Oct 17 55.00 4.10 171 2.4 2.23 (4.2%)

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