KKR Dividend Type Payments

KKR & Co. Inc. dividend

Although KKR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KKR & Co. Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 9:45 AM ET):

KKR & Co. Inc. (KKR)
Bid Ask Last Change Volume P/E Market Cap
149.92 150.25 150.09 +0.07 230K 46 133B

KKR Dividend-Like Income Using Covered Calls

With KKR at 150.09, 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% 4.50 1.2
5% 7.50 2.1
10% 15.01 4.1

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 KKR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 150.00 3.80 19 18.7 0.00 (0.0%)
Dec 13 150.00 4.50 26 16.3 0.00 (0.0%)
5% Yield On KKR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 150.00 3.80 19 18.7 0.00 (0.0%)
Dec 13 150.00 4.50 26 16.3 0.00 (0.0%)
10% Yield On KKR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 6 150.00 3.80 19 18.7 0.00 (0.0%)
Dec 13 150.00 4.50 26 16.3 0.00 (0.0%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Dec 20 Expiration     Top 5 High Yield
1.NVDA dividend 6.QQQ dividend   1.SAVA dividend
2.SPY dividend 7.XLF dividend   2.NMRA dividend
3.EEM dividend 8.KWEB dividend   3.CRVS dividend
4.FXI dividend 9.TLT dividend   4.ANAB dividend
5.IWM dividend 10.KRE dividend   5.CLSK dividend

Want more examples? KIRK Dividend | KLAC Dividend