BCI Dividend Type Payments

Although BCI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on abrdn Bloomberg All Commodity Strategy K-1 Free ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:50 AM ET):

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI)
Bid Ask Last Change Volume P/E Market Cap
21.90 21.91 21.91 +0.02 178K - 0.0B

BCI Dividend-Like Income Using Covered Calls

With BCI at 21.91, 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% 0.66 0.2
5% 1.10 0.3
10% 2.19 0.6

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 BCI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 22.00 0.85 198 0.4 0.09 (0.4%)
Feb 20 22.00 0.60 114 0.5 0.09 (0.4%)
5% Yield On BCI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 15 22.00 0.85 198 0.4 0.09 (0.4%)
Feb 20 22.00 0.60 114 0.5 0.09 (0.4%)

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Want more examples? BCE Dividend | BCO Dividend