BEAT Dividend Type Payments

BioTelemetry, Inc dividend

Although BEAT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on BioTelemetry, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 1:35 PM ET):

BioTelemetry, Inc (BEAT)
Bid Ask Last Change Volume P/E Market Cap
67.11 67.26 67.13 -0.09 221K - 0.0B

BEAT Dividend-Like Income Using Covered Calls

With BEAT at 67.13, 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% 2.01 0.6
5% 3.36 0.9
10% 6.71 1.8

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 BEAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Feb 15 80.00 0.20 24 0.8 12.74 (19.0%)
Mar 15 90.00 0.40 52 0.8 22.74 (33.9%)
5% Yield On BEAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Feb 15 75.00 0.65 24 2.7 7.74 (11.5%)
Mar 15 85.00 0.75 52 1.4 17.74 (26.4%)
10% Yield On BEAT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Feb 15 75.00 0.65 24 2.7 7.74 (11.5%)
Mar 15 80.00 1.35 52 2.6 12.74 (19.0%)

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Top 10 Open Interest For Feb 15 Expiration     Top 5 High Yield
1.SPY dividend 6.AAPL dividend   1. dividend
2.EEM dividend 7.IWM dividend   2. dividend
3.SPX dividend 8.BAC dividend   3. dividend
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5.FXI dividend 10.HYG dividend   5. dividend

Want more examples? BDX Dividend | BECN Dividend