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 Fri 4:16 PM ET):

Bel Fuse Inc. - Class B (BELFB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
72.01	77.95	74.56	-1.62	52K	21	1.0B

BELFB Dividend-Like Income Using Covered Calls

With BELFB at 74.56, 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%	2.24	0.6
5%	3.73	1.0
10%	7.46	2.0

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	0.35	36	1.0	27.05 (36.3%)
Jun 20	80.00	6.00	218	2.8	2.05 (2.7%)

5% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	80.00	6.00	218	2.8	2.05 (2.7%)
Mar 21	80.00	3.00	127	2.4	2.05 (2.7%)

10% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	80.00	6.00	218	2.8	2.05 (2.7%)
Mar 21	80.00	3.00	127	2.4	2.05 (2.7%)

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Want more examples? BEKE Dividend | BEN Dividend