CAMT Dividend Type Payments
Although CAMT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Camtek Ltd. - Ordinary Shares 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):
| Camtek Ltd. - Ordinary Shares (CAMT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 135.18 | 143.49 | 142.64 | -0.99 | 330K | 159 | 6.2B |
CAMT Dividend-Like Income Using Covered Calls
With CAMT at 142.64, 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% | 4.28 | 1.2 |
| 5% | 7.13 | 2.0 |
| 10% | 14.26 | 3.9 |
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 CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 145.00 | 17.40 | 110 | 15.8 | 1.51 (1.1%) | |
| Feb 20 | 145.00 | 7.90 | 26 | 30.4 | 1.51 (1.1%) | |
| 5% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 145.00 | 17.40 | 110 | 15.8 | 1.51 (1.1%) | |
| Feb 20 | 145.00 | 7.90 | 26 | 30.4 | 1.51 (1.1%) | |
| 10% Yield On CAMT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 15 | 145.00 | 17.40 | 110 | 15.8 | 1.51 (1.1%) | |
| Feb 20 | 145.00 | 7.90 | 26 | 30.4 | 1.51 (1.1%) | |
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| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | KWEB dividend | 6. | CORZ dividend | 1. | OCUL dividend | |
| 2. | SLV dividend | 7. | INTC dividend | 2. | APLD dividend | |
| 3. | NVDA dividend | 8. | AAPL dividend | 3. | SLV dividend | |
| 4. | IBIT dividend | 9. | HYG dividend | 4. | QURE dividend | |
| 5. | QQQ dividend | 10. | SPY dividend | 5. | ENPH dividend | |
Want more examples? CAM Dividend | CAN Dividend
