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 |
| 311.00 | 312.50 | 312.03 | -2.30 | 2.5M | 26 | 212B |
ACN Dividend-Like Income Using Covered Calls
With ACN at 312.03, 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% | 9.36 | 2.6 |
| 5% | 15.60 | 4.3 |
| 10% | 31.20 | 8.5 |
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 ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 3 | 312.50 | 11.10 | 17 | 65.3 | 0.00 (0.0%) | |
| Jul 11 | 315.00 | 10.50 | 25 | 42.0 | 2.50 (0.8%) | |
| 5% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 3 | 312.50 | 11.10 | 17 | 65.3 | 0.00 (0.0%) | |
| Jul 11 | 315.00 | 10.50 | 25 | 42.0 | 2.50 (0.8%) | |
| 10% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jul 3 | 312.50 | 11.10 | 17 | 65.3 | 0.00 (0.0%) | |
| Jul 11 | 315.00 | 10.50 | 25 | 42.0 | 2.50 (0.8%) | |
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| Top 10 Open Interest For Jun 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | ALT dividend | |
| 2. | SPY dividend | 7. | IWM dividend | 2. | QUBT dividend | |
| 3. | QQQ dividend | 8. | TLT dividend | 3. | CAPR dividend | |
| 4. | TSLA dividend | 9. | AAPL dividend | 4. | BBAI dividend | |
| 5. | SLV dividend | 10. | INTC dividend | 5. | COGT dividend | |
Want more examples? ACMR Dividend | ACRE Dividend
