CHD Dividend Type Payments

Although CHD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Church & Dwight Company, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Church & Dwight Company, Inc. (CHD)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
100.47	103.31	101.58	+0.50	1.2M	33	25B

CHD Dividend-Like Income Using Covered Calls

With CHD at 101.58, 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%	3.05	0.8
5%	5.08	1.4
10%	10.16	2.8

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 CHD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 19	105.00	0.05	5	1.0	1.69 (1.7%)
May 17	105.00	1.45	33	4.4	1.69 (1.7%)

5% Yield On CHD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 17	105.00	1.45	33	4.4	1.69 (1.7%)
Jul 19	105.00	3.00	96	3.1	1.69 (1.7%)

10% Yield On CHD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 17	105.00	1.45	33	4.4	1.69 (1.7%)
Jul 19	105.00	3.00	96	3.1	1.69 (1.7%)

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Want more examples? CHCO Dividend | CHDN Dividend