KMB Dividend Type Payments

Kimberly-Clark Corporation dividend

Although KMB has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kimberly-Clark Corporation 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):

Kimberly-Clark Corporation (KMB)
Bid Ask Last Change Volume P/E Market Cap
130.18 131.30 131.32 -0.13 5.2M 17 44B

KMB Dividend-Like Income Using Covered Calls

With KMB at 131.32, 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% 3.94 1.1
5% 6.57 1.8
10% 13.13 3.6

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 KMB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 27 131.00 0.45 8 1.9 0.00 (0.0%)
Jan 3 131.00 0.85 15 3.7 0.00 (0.0%)
5% Yield On KMB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 27 131.00 0.45 8 1.9 0.00 (0.0%)
Jan 3 131.00 0.85 15 3.7 0.00 (0.0%)
10% Yield On KMB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 27 132.00 0.45 8 5.6 0.70 (0.5%)
Jan 3 131.00 0.85 15 3.7 0.00 (0.0%)

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