AON Dividend

Although AON has a dividend of 0.68 with an ex-dividend date of Feb 3, you can sell covered calls on Aon 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 Wed 10:30 AM ET):

Aon plc Class A Ordinary Shares (Ireland) (AON)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
368.32	369.32	369.11	+1.03	64K	31	80B

AON Dividend-Like Income Using Covered Calls

With AON at 369.11, 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%	11.07	3.0
5%	18.46	5.1
10%	36.91	10.1

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 AON Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	370.00	14.70	86	17.1	0.68 (0.2%)
Jul 18	370.00	22.60	178	12.7	0.68 (0.2%)

5% Yield On AON Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	370.00	14.70	86	17.1	0.68 (0.2%)
Jul 18	370.00	22.60	178	12.7	0.68 (0.2%)

10% Yield On AON Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	370.00	14.70	86	17.1	0.68 (0.2%)
Jul 18	370.00	22.60	178	12.7	0.68 (0.2%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Feb 21 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	QUBT dividend
2.	TLT dividend	7.	TSLA dividend	2.	XP dividend
3.	SPY dividend	8.	AMZN dividend	3.	SMCI dividend
4.	IWM dividend	9.	AAPL dividend	4.	SNAP dividend
5.	FXI dividend	10.	ASHR dividend	5.	MBLY dividend

Want more examples? AOM Dividend | AOR Dividend