ICLR Dividend Type Payments

Although ICLR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ICON plc - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:25 PM ET):

ICON plc - Ordinary Shares (ICLR)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
185.59	186.17	185.88	+4.59	489K	25	10B

ICLR Dividend-Like Income Using Covered Calls

With ICLR at 185.88, 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%	5.58	1.5
5%	9.29	2.5
10%	18.59	5.1

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 ICLR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	190.00	2.90	10	29.0	3.83 (2.1%)
Jan 16	190.00	7.10	38	18.7	3.83 (2.1%)

5% Yield On ICLR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	190.00	2.90	10	29.0	3.83 (2.1%)
Jan 16	190.00	7.10	38	18.7	3.83 (2.1%)

10% Yield On ICLR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	190.00	2.90	10	29.0	3.83 (2.1%)
Jan 16	190.00	7.10	38	18.7	3.83 (2.1%)

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Top 10 Open Interest For Dec 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	PL dividend
2.	SPY dividend	7.	SLV dividend	2.	RZLT dividend
3.	QQQ dividend	8.	TLT dividend	3.	LULU dividend
4.	IWM dividend	9.	FXI dividend	4.	NKTR dividend
5.	IBIT dividend	10.	NFLX dividend	5.	BE dividend

Want more examples? ICLN Dividend | ICMB Dividend