BELFB Dividend

Although BELFB has a dividend of 0.07 with an ex-dividend date of Jul 15, you can sell covered calls on Bel Fuse Inc. - Class B to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 12:50 PM ET):

Bel Fuse Inc. - Class B (BELFB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
88.33	88.67	88.63	-0.53	69K	32	1.1B

BELFB Dividend-Like Income Using Covered Calls

With BELFB at 88.63, 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%	2.66	0.7
5%	4.43	1.2
10%	8.86	2.4

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 BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	90.00	3.00	57	5.3	1.33 (1.5%)
Jul 18	90.00	1.00	29	3.4	1.33 (1.5%)

5% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	90.00	3.00	57	5.3	1.33 (1.5%)
Jul 18	90.00	1.00	29	3.4	1.33 (1.5%)

10% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	90.00	3.00	57	5.3	1.33 (1.5%)
Jul 18	90.00	1.00	29	3.4	1.33 (1.5%)

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Want more examples? BEKE Dividend | BEN Dividend