KLIC Dividend Type Payments
Although KLIC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kulicke and Soffa Industries, Inc. 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):
| Kulicke and Soffa Industries, Inc. (KLIC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 42.79 | 47.54 | 46.95 | -0.12 | 1.2M | - | 2.5B |
KLIC Dividend-Like Income Using Covered Calls
With KLIC at 46.95, 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% | 1.41 | 0.4 |
| 5% | 2.35 | 0.6 |
| 10% | 4.70 | 1.3 |
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 KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 16 | 50.00 | 2.40 | 148 | 1.6 | 2.46 (5.2%) | |
| Jan 17 | 48.00 | 1.35 | 29 | 4.7 | 0.46 (1.0%) | |
| 5% Yield On KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 16 | 50.00 | 2.40 | 148 | 1.6 | 2.46 (5.2%) | |
| Jan 17 | 48.00 | 1.35 | 29 | 4.7 | 0.46 (1.0%) | |
| 10% Yield On KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| May 16 | 50.00 | 2.40 | 148 | 1.6 | 2.46 (5.2%) | |
| Jan 17 | 48.00 | 1.35 | 29 | 4.7 | 0.46 (1.0%) | |
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| Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | INTC dividend | 1. | RGTI dividend | |
| 2. | SLV dividend | 7. | SPY dividend | 2. | NMRA dividend | |
| 3. | AAPL dividend | 8. | TSLA dividend | 3. | HUMA dividend | |
| 4. | EEM dividend | 9. | IWM dividend | 4. | DLO dividend | |
| 5. | XLF dividend | 10. | TLT dividend | 5. | MARA dividend | |
Want more examples? KLAC Dividend | KLXE Dividend
