ACN Dividend Type Payments
Although ACN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Accenture plc Class A Ordinary Shares (Ireland) 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):
| Accenture plc Class A Ordinary Shares (Ireland) (ACN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 348.00 | 358.88 | 356.42 | +3.83 | 2.7M | 30 | 238B |
ACN Dividend-Like Income Using Covered Calls
With ACN at 356.42, 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% | 10.69 | 2.9 |
| 5% | 17.82 | 4.9 |
| 10% | 35.64 | 9.8 |
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 ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Feb 7 | 357.50 | 4.90 | 18 | 19.6 | 0.00 (0.0%) | |
| Feb 14 | 360.00 | 5.10 | 25 | 20.4 | 1.12 (0.3%) | |
| 5% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Feb 7 | 357.50 | 4.90 | 18 | 19.6 | 0.00 (0.0%) | |
| Feb 14 | 360.00 | 5.10 | 25 | 20.4 | 1.12 (0.3%) | |
| 10% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Feb 7 | 357.50 | 4.90 | 18 | 19.6 | 0.00 (0.0%) | |
| Feb 14 | 360.00 | 5.10 | 25 | 20.4 | 1.12 (0.3%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SLV dividend | 1. | QUBT dividend | |
| 2. | TLT dividend | 7. | TSLA dividend | 2. | RGTI dividend | |
| 3. | SPY dividend | 8. | AMZN dividend | 3. | MSTR dividend | |
| 4. | IWM dividend | 9. | ASHR dividend | 4. | QBTS dividend | |
| 5. | FXI dividend | 10. | AAPL dividend | 5. | MBLY dividend | |
Want more examples? ACMR Dividend | ACRE Dividend
