CMRE Dividend Type Payments

Although CMRE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Costamare Inc. $0.0001 par value to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

Costamare Inc. $0.0001 par value (CMRE)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
16.75	17.71	17.13	-0.20	721K	-	2.9B

CMRE Dividend-Like Income Using Covered Calls

With CMRE at 17.13, 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%	0.51	0.1
5%	0.86	0.2
10%	1.71	0.5

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 CMRE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 18	18.00	0.80	136	0.6	0.29 (1.7%)
Sep 18	18.00	1.30	228	0.6	0.29 (1.7%)

5% Yield On CMRE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 18	18.00	0.80	136	0.6	0.29 (1.7%)
Sep 18	18.00	1.30	228	0.6	0.29 (1.7%)

10% Yield On CMRE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 18	18.00	0.80	136	0.6	0.29 (1.7%)
Sep 18	18.00	1.30	228	0.6	0.29 (1.7%)

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

Top 10 Open Interest For Feb 20 Expiration				Top 5 High Yield
1.	SLV dividend	6.	QQQ dividend	1.	SNAP dividend
2.	NVDA dividend	7.	EWZ dividend	2.	CMG dividend
3.	KWEB dividend	8.	INTC dividend	3.	SMCI dividend
4.	GLD dividend	9.	SPY dividend	4.	IREN dividend
5.	IBIT dividend	10.	CORZ dividend	5.	EOSE dividend

Want more examples? CMPS Dividend | CMS Dividend