NWS Dividend

Although NWS has a dividend of 0.10 with an ex-dividend date of Mar 12, you can sell covered calls on News Corporation - Class B to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 11:45 AM ET):

News Corporation - Class B (NWS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
32.47	32.51	32.56	+0.26	96K	-	18B

NWS Dividend-Like Income Using Covered Calls

With NWS at 32.56, 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%	0.98	0.3
5%	1.63	0.4
10%	3.26	0.9

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 NWS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	35.00	1.45	236	0.6	2.49 (7.6%)
Jul 18	35.00	1.05	145	0.7	2.49 (7.6%)

5% Yield On NWS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	35.00	1.45	236	0.6	2.49 (7.6%)
Jul 18	35.00	1.05	145	0.7	2.49 (7.6%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Mar 21 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	LUNR dividend
2.	SPY dividend	7.	INTC dividend	2.	FUBO dividend
3.	FXI dividend	8.	QQQ dividend	3.	ZETA dividend
4.	EEM dividend	9.	SLV dividend	4.	WOLF dividend
5.	KWEB dividend	10.	TLT dividend	5.	RGTI dividend

Want more examples? NWPX Dividend | NWSA Dividend