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
97.79	98.61	97.79	+0.70	2.1M	42	24B

CHD Dividend-Like Income Using Covered Calls

With CHD at 97.79, 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%	2.93	0.8
5%	4.89	1.3
10%	9.78	2.7

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
Oct 17	100.00	3.90	124	3.1	1.39 (1.4%)
Jul 18	100.00	1.15	33	3.5	1.39 (1.4%)

5% Yield On CHD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	100.00	3.90	124	3.1	1.39 (1.4%)
Jul 18	100.00	1.15	33	3.5	1.39 (1.4%)

10% Yield On CHD Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	100.00	3.90	124	3.1	1.39 (1.4%)
Jul 18	100.00	1.15	33	3.5	1.39 (1.4%)

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Want more examples? CHCO Dividend | CHDN Dividend