ACN Dividend Type Payments
Although ACN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Accenture 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 4:16 PM ET):
| Accenture plc Class A Ordinary Shares (Ireland) (ACN) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 248.00 | 250.00 | 249.14 | -1.37 | 3.8M | 21 | 165B |
ACN Dividend-Like Income Using Covered Calls
With ACN at 249.14, 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% | 7.47 | 2.0 |
| 5% | 12.46 | 3.4 |
| 10% | 24.91 | 6.8 |
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 ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 250.00 | 6.80 | 17 | 40.0 | 0.00 (0.0%) | |
| Nov 14 | 250.00 | 8.10 | 24 | 33.8 | 0.00 (0.0%) | |
| 5% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 250.00 | 6.80 | 17 | 40.0 | 0.00 (0.0%) | |
| Nov 14 | 250.00 | 8.10 | 24 | 33.8 | 0.00 (0.0%) | |
| 10% Yield On ACN Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 250.00 | 6.80 | 17 | 40.0 | 0.00 (0.0%) | |
| Nov 14 | 250.00 | 8.10 | 24 | 33.8 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | BHVN dividend | |
| 2. | KVUE dividend | 7. | HYG dividend | 2. | UUUU dividend | |
| 3. | NVDA dividend | 8. | EEM dividend | 3. | SOUN dividend | |
| 4. | SLV dividend | 9. | QQQ dividend | 4. | INBX dividend | |
| 5. | GLD dividend | 10. | INTC dividend | 5. | CIFR dividend | |
Want more examples? ACMR Dividend | ACRE Dividend
