KB Dividend Type Payments

KB Financial Group Inc dividend

Although KB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KB Financial Group Inc 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):

KB Financial Group Inc (KB)
Bid Ask Last Change Volume P/E Market Cap
47.00 62.99 60.21 -2.44 229K 6.7 19B

KB Dividend-Like Income Using Covered Calls

With KB at 60.21, 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% 1.81 0.5
5% 3.01 0.8
10% 6.02 1.6

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 KB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 65.00 2.05 227 0.9 2.01 (3.3%)
Jun 20 65.00 0.80 136 0.6 2.01 (3.3%)
5% Yield On KB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 65.00 2.05 227 0.9 2.01 (3.3%)
Mar 21 65.00 1.00 45 2.2 2.01 (3.3%)
10% Yield On KB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 21 65.00 1.00 45 2.2 2.01 (3.3%)

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