BELFB Dividend

Although BELFB has a dividend of 0.07 with an ex-dividend date of Jan 15, you can sell covered calls on Bel Fuse Inc. - Class B 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):

Bel Fuse Inc. - Class B (BELFB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
80.28	88.01	84.23	-7.13	104K	25	1.1B

BELFB Dividend-Like Income Using Covered Calls

With BELFB at 84.23, 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%	2.53	0.7
5%	4.21	1.2
10%	8.42	2.3

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 BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	105.00	0.05	3	1.7	16.99 (20.2%)
Jan 17	90.00	0.40	31	1.3	1.99 (2.4%)

5% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	105.00	0.05	3	1.7	16.99 (20.2%)
Jan 17	90.00	0.40	31	1.3	1.99 (2.4%)

10% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	90.00	7.10	185	3.8	1.99 (2.4%)
Mar 21	90.00	3.50	94	3.7	1.99 (2.4%)

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Want more examples? BEKE Dividend | BEN Dividend