CLB Dividend

CORE LABORATORIES dividend

Although CLB has a dividend of 0.55 with an ex-dividend date of Oct 18, you can sell covered calls on CORE LABORATORIES to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 12:40 PM ET):

CORE LABORATORIES (CLB)
Bid Ask Last Change Volume P/E Market Cap
107.41 107.56 107.48 +0.84 172K 52 4.7B

CLB Dividend-Like Income Using Covered Calls

With CLB at 107.48, here's a table showing how big the annual "dividend" (ie. 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% 3.22 0.9
5% 5.37 1.5
10% 10.75 2.9

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 CLB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 110.00 0.45 4 11.3 2.44 (2.3%)
Nov 16 120.00 0.60 32 1.9 12.44 (11.6%)
5% Yield On CLB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 110.00 0.45 4 11.3 2.44 (2.3%)
Nov 16 120.00 0.60 32 1.9 12.44 (11.6%)
10% Yield On CLB Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 19 110.00 0.45 4 11.3 2.44 (2.3%)
Nov 16 115.00 1.40 32 4.4 7.44 (6.9%)

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

 
Top 10 Open Interest For Oct 19 Expiration     Top 5 High Yield
1.SPY dividend 6.BAC dividend   1.NBEV dividend
2.SPX dividend 7.MU dividend   2.CRON dividend
3.EEM dividend 8.FXI dividend   3.UVXY dividend
4.QQQ dividend 9.AMD dividend   4.TLRY dividend
5.PBR dividend 10.XLF dividend   5.NFLX dividend

Want more examples? CLAR Dividend | CLBK Dividend