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
130.20 132.20 131.61 -0.73 2.6M 18 44B

KMB Dividend-Like Income Using Covered Calls

With KMB at 131.61, 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% 3.95 1.1
5% 6.58 1.8
10% 13.16 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
May 2 132.00 0.35 8 1.9 0.00 (0.0%)
May 9 132.00 1.70 15 10.0 0.00 (0.0%)
5% Yield On KMB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 2 132.00 0.35 8 1.9 0.00 (0.0%)
May 9 132.00 1.70 15 10.0 0.00 (0.0%)
10% Yield On KMB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 2 133.00 0.35 8 4.4 0.80 (0.6%)
May 9 132.00 1.70 15 10.0 0.00 (0.0%)

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