ASGN Dividend Type Payments

Although ASGN has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ASGN Incorporated 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):

ASGN Incorporated (ASGN)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
39.05	74.00	55.69	-0.73	376K	16	2.5B

ASGN Dividend-Like Income Using Covered Calls

With ASGN at 55.69, 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%	1.67	0.5
5%	2.78	0.8
10%	5.57	1.5

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:

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Top 10 Open Interest For May 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	ALT dividend
2.	SPY dividend	7.	TSLA dividend	2.	VALE dividend
3.	TLT dividend	8.	FXI dividend	3.	AUPH dividend
4.	QQQ dividend	9.	GLD dividend	4.	HE dividend
5.	IWM dividend	10.	INTC dividend	5.	NMAX dividend

Want more examples? ASEA Dividend | ASH Dividend