KMPR Dividend

Although KMPR has a dividend of 0.31 with an ex-dividend date of Nov 18, you can sell covered calls on Kemper 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):

Kemper Corporation (KMPR)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
67.30	72.89	71.24	+0.59	388K	17	4.5B

KMPR Dividend-Like Income Using Covered Calls

With KMPR at 71.24, 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%	2.14	0.6
5%	3.56	1.0
10%	7.12	2.0

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 KMPR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	75.00	1.00	154	0.6	2.11 (3.0%)
Jul 18	75.00	2.50	246	1.0	2.11 (3.0%)

5% Yield On KMPR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	75.00	2.50	246	1.0	2.11 (3.0%)

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Want more examples? KMLM Dividend | KMT Dividend