CMCSA Dividend

Although CMCSA has a dividend of 0.31 with an ex-dividend date of Jan 8, you can sell covered calls on Comcast Corporation - 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):

Comcast Corporation - Class A (CMCSA)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
42.95	43.04	42.88	-0.60	16.4M	12	166B

CMCSA Dividend-Like Income Using Covered Calls

With CMCSA at 42.88, 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%	1.29	0.4
5%	2.14	0.6
10%	4.29	1.2

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 CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	43.00	0.75	22	3.2	0.00 (0.0%)
Dec 13	44.00	0.32	29	1.1	0.96 (2.2%)

5% Yield On CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	43.00	0.75	22	3.2	0.00 (0.0%)
Dec 13	44.00	0.32	29	1.1	0.96 (2.2%)

10% Yield On CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	43.00	0.75	22	3.2	0.00 (0.0%)
Nov 22	43.00	0.43	8	4.9	0.00 (0.0%)

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Want more examples? CMCO Dividend | CMDT Dividend