KWR Dividend
Although KWR has a dividend of 0.49 with an ex-dividend date of Apr 16, you can sell covered calls on Quaker Houghton 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):
| Quaker Houghton (KWR) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 129.56 | 143.83 | 138.91 | -1.32 | 92K | 22 | 2.5B |
KWR Dividend-Like Income Using Covered Calls
With KWR at 138.91, 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% | 4.17 | 1.1 |
| 5% | 6.95 | 1.9 |
| 10% | 13.89 | 3.8 |
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 KWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 145.00 | 4.00 | 42 | 9.5 | 1.17 (0.8%) | |
| Oct 17 | 145.00 | 13.00 | 225 | 5.8 | 1.17 (0.8%) | |
| 5% Yield On KWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 145.00 | 4.00 | 42 | 9.5 | 1.17 (0.8%) | |
| Oct 17 | 145.00 | 13.00 | 225 | 5.8 | 1.17 (0.8%) | |
| 10% Yield On KWR Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 145.00 | 4.00 | 42 | 9.5 | 1.17 (0.8%) | |
| Oct 17 | 145.00 | 13.00 | 225 | 5.8 | 1.17 (0.8%) | |
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| Top 10 Open Interest For Mar 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | KWEB dividend | 1. | APP dividend | |
| 2. | SPY dividend | 7. | QQQ dividend | 2. | QBTS dividend | |
| 3. | IWM dividend | 8. | INTC dividend | 3. | CLSK dividend | |
| 4. | FXI dividend | 9. | TSLA dividend | 4. | KSS dividend | |
| 5. | EEM dividend | 10. | SLV dividend | 5. | ARVN dividend | |
Want more examples? KWEB Dividend | KXI Dividend
