ACI Dividend Type Payments

Although ACI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Albertsons Companies, Inc. Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 3:55 PM ET):

Albertsons Companies, Inc. Class A (ACI)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
20.40	20.41	20.41	-0.14	2.1M	12	12B

ACI Dividend-Like Income Using Covered Calls

With ACI at 20.41, 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%	0.61	0.2
5%	1.02	0.3
10%	2.04	0.6

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 ACI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	20.50	0.50	40	1.3	0.09 (0.4%)
Mar 7	20.50	0.25	12	2.1	0.09 (0.4%)

5% Yield On ACI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	20.50	0.50	40	1.3	0.09 (0.4%)
Mar 7	20.50	0.25	12	2.1	0.09 (0.4%)

10% Yield On ACI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	20.50	0.50	40	1.3	0.09 (0.4%)
Mar 7	20.50	0.25	12	2.1	0.09 (0.4%)

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Want more examples? ACHC Dividend | ACIU Dividend