ACB Dividend Type Payments

Although ACB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Aurora Cannabis Inc. - Common Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 11:00 AM ET):

Aurora Cannabis Inc. - Common Shares (ACB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
4.46	4.47	4.46	-0.08	285K	-	0.1B

ACB Dividend-Like Income Using Covered Calls

With ACB at 4.46, 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%	0.13	0.0
5%	0.22	0.1
10%	0.45	0.1

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 ACB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	4.50	0.19	23	0.8	0.03 (0.7%)
Dec 13	4.50	0.26	30	0.9	0.03 (0.7%)

5% Yield On ACB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	4.50	0.19	23	0.8	0.03 (0.7%)
Dec 13	4.50	0.26	30	0.9	0.03 (0.7%)

10% Yield On ACB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	4.50	0.19	23	0.8	0.03 (0.7%)
Dec 13	4.50	0.26	30	0.9	0.03 (0.7%)

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5.	SLV dividend	10.	SMCI dividend	5.	NMRA dividend

Want more examples? ACAD Dividend | ACCD Dividend