GOOGL Dividend Type Payments

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

Alphabet Inc. - Class A (GOOGL)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
306.87	307.09	307.16	+4.70	46.2M	-	3,650B

GOOGL Dividend-Like Income Using Covered Calls

With GOOGL at 307.16, 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%	9.21	2.5
5%	15.36	4.2
10%	30.72	8.4

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 GOOGL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 26	307.50	3.45	8	43.1	0.41 (0.1%)
Jan 2	307.50	5.60	15	37.3	0.41 (0.1%)

5% Yield On GOOGL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 26	307.50	3.45	8	43.1	0.41 (0.1%)
Jan 2	307.50	5.60	15	37.3	0.41 (0.1%)

10% Yield On GOOGL Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 26	307.50	3.45	8	43.1	0.41 (0.1%)
Jan 2	307.50	5.60	15	37.3	0.41 (0.1%)

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Want more examples? GOOG Dividend | GOOS Dividend