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 Mon 4:16 PM ET):
| Accenture plc Class A Ordinary Shares (Ireland) (ACN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 275.52 | 277.50 | 277.04 | -6.11 | 3.7M | 23 | 193B |
ACN Dividend-Like Income Using Covered Calls
With ACN at 277.04, 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% | 8.31 | 2.3 |
| 5% | 13.85 | 3.8 |
| 10% | 27.70 | 7.6 |
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 ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 277.50 | 2.45 | 5 | 49.0 | 0.00 (0.0%) | |
| Sep 5 | 280.00 | 6.50 | 40 | 16.3 | 2.50 (0.9%) | |
| 5% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 277.50 | 2.45 | 5 | 49.0 | 0.00 (0.0%) | |
| Sep 5 | 280.00 | 6.50 | 40 | 16.3 | 2.50 (0.9%) | |
| 10% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 1 | 277.50 | 2.45 | 5 | 49.0 | 0.00 (0.0%) | |
| Sep 5 | 280.00 | 6.50 | 40 | 16.3 | 2.50 (0.9%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | IBIT dividend | 1. | EOSE dividend | |
| 2. | NVDA dividend | 7. | TSLA dividend | 2. | CVNA dividend | |
| 3. | GLD dividend | 8. | AMZN dividend | 3. | NET dividend | |
| 4. | IWM dividend | 9. | QQQ dividend | 4. | MBX dividend | |
| 5. | SPY dividend | 10. | AAPL dividend | 5. | RBLX dividend | |
Want more examples? ACMR Dividend | ACRE Dividend
