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 Thu 4:16 PM ET):
| Accenture plc Class A Ordinary Shares (Ireland) (ACN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 316.00 | 318.50 | 316.45 | -1.27 | 3.0M | 26 | 215B |
ACN Dividend-Like Income Using Covered Calls
With ACN at 316.45, 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% | 9.49 | 2.6 |
| 5% | 15.82 | 4.3 |
| 10% | 31.65 | 8.7 |
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 | |
| Jun 6 | 317.50 | 5.50 | 16 | 28.1 | 0.00 (0.0%) | |
| Jun 13 | 320.00 | 5.80 | 23 | 25.2 | 1.50 (0.5%) | |
| 5% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 6 | 317.50 | 5.50 | 16 | 28.1 | 0.00 (0.0%) | |
| Jun 13 | 320.00 | 5.80 | 23 | 25.2 | 1.50 (0.5%) | |
| 10% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 6 | 317.50 | 5.50 | 16 | 28.1 | 0.00 (0.0%) | |
| Jun 13 | 320.00 | 5.80 | 23 | 25.2 | 1.50 (0.5%) | |
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| Top 10 Open Interest For Jun 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | IWM dividend | 1. | QUBT dividend | |
| 2. | SPY dividend | 7. | EEM dividend | 2. | CLSK dividend | |
| 3. | SLV dividend | 8. | FXI dividend | 3. | WULF dividend | |
| 4. | QQQ dividend | 9. | TSLA dividend | 4. | ZIM dividend | |
| 5. | GLD dividend | 10. | TLT dividend | 5. | IREN dividend | |
Want more examples? ACMR Dividend | ACRE Dividend
