ANGI Dividend Type Payments

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

Angi Inc. - Class A (ANGI)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
11.11	12.37	11.42	+0.12	598K	15	5.2B

ANGI Dividend-Like Income Using Covered Calls

With ANGI at 11.42, 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%	0.34	0.1
5%	0.57	0.2
10%	1.14	0.3

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 ANGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	12.50	0.25	22	1.1	0.13 (1.1%)
May 15	12.50	1.75	169	1.0	0.13 (1.1%)

5% Yield On ANGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	12.50	0.25	22	1.1	0.13 (1.1%)
May 15	12.50	1.75	169	1.0	0.13 (1.1%)

10% Yield On ANGI Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	12.50	0.25	22	1.1	0.13 (1.1%)
May 15	12.50	1.75	169	1.0	0.13 (1.1%)

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Want more examples? ANF Dividend | ANGL Dividend