AGI Dividend Type Payments

Although AGI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Alamos Gold Inc. Class A Common Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

Alamos Gold Inc. Class A Common Shares (AGI)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
39.75	40.40	40.35	-0.30	712K	-	16B

AGI Dividend-Like Income Using Covered Calls

With AGI at 40.35, 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%	1.21	0.3
5%	2.02	0.6
10%	4.04	1.1

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 AGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	41.00	1.35	24	5.6	0.60 (1.5%)
Jun 18	41.00	4.90	177	2.8	0.60 (1.5%)

5% Yield On AGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	41.00	1.35	24	5.6	0.60 (1.5%)
Jun 18	41.00	4.90	177	2.8	0.60 (1.5%)

10% Yield On AGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	41.00	1.35	24	5.6	0.60 (1.5%)
Jun 18	41.00	4.90	177	2.8	0.60 (1.5%)

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Want more examples? AGGY Dividend | AGIO Dividend