KRC Dividend
Although KRC has a dividend of 0.54 with an ex-dividend date of Dec 31, you can sell covered calls on Kilroy Realty Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 12:15 PM ET):
Kilroy Realty Corporation (KRC) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
41.48 | 41.51 | 41.48 | +0.72 | 259K | 24 | 4.8B |
KRC Dividend-Like Income Using Covered Calls
With KRC at 41.48, 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% | 1.24 | 0.3 |
5% | 2.07 | 0.6 |
10% | 4.15 | 1.1 |
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 KRC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 45.00 | 1.20 | 235 | 0.5 | 3.49 (8.4%) | |
May 16 | 45.00 | 0.60 | 144 | 0.4 | 3.49 (8.4%) |
5% Yield On KRC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jan 17 | 45.00 | 0.15 | 25 | 0.6 | 3.49 (8.4%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Jan 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | XLF dividend | 1. | NMRA dividend | |
2. | SLV dividend | 7. | SPY dividend | 2. | RUM dividend | |
3. | AAPL dividend | 8. | TSLA dividend | 3. | QUBT dividend | |
4. | EEM dividend | 9. | IWM dividend | 4. | X dividend | |
5. | INTC dividend | 10. | TLT dividend | 5. | ACHR dividend |
Want more examples? KRBN Dividend | KRE Dividend