ABX Dividend Type Payments

Although ABX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Abacus Global Management, 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):

Abacus Global Management, Inc. Class A (ABX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
8.27	8.97	8.57	+0.11	409K	169	0.8B

ABX Dividend-Like Income Using Covered Calls

With ABX at 8.57, 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%	0.26	0.1
5%	0.43	0.1
10%	0.86	0.2

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 ABX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 15	10.00	0.35	120	0.3	1.03 (12.0%)
Jan 15	10.00	1.65	365	0.5	1.03 (12.0%)

5% Yield On ABX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 15	10.00	0.35	120	0.3	1.03 (12.0%)
Jan 15	10.00	1.65	365	0.5	1.03 (12.0%)

10% Yield On ABX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 15	10.00	0.35	120	0.3	1.03 (12.0%)
Jan 15	10.00	1.65	365	0.5	1.03 (12.0%)

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Want more examples? ABUS Dividend | ACA Dividend