BELFB Dividend Type Payments

Although BELFB has no upcoming (meaning, Board-approved and announced) dividends, 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 Wed 3:20 PM ET):

Bel Fuse Inc. - Class B (BELFB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
151.64	152.41	152.03	+4.88	78K	36	1.9B

BELFB Dividend-Like Income Using Covered Calls

With BELFB at 152.03, 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%	4.56	1.2
5%	7.60	2.1
10%	15.20	4.2

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
Dec 19	155.00	9.00	66	13.6	2.59 (1.7%)
Nov 21	155.00	7.00	38	18.4	2.59 (1.7%)

5% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	155.00	9.00	66	13.6	2.59 (1.7%)
Nov 21	155.00	7.00	38	18.4	2.59 (1.7%)

10% Yield On BELFB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	155.00	9.00	66	13.6	2.59 (1.7%)
Nov 21	155.00	7.00	38	18.4	2.59 (1.7%)

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Want more examples? BEKE Dividend | BEN Dividend