KEP Dividend Type Payments


Although KEP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KOREA ELECTRIC POWER to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 9:45 AM ET):

Bid Ask Last Change Volume P/E Market Cap
13.51 13.52 13.51 +0.30 25K 124 17B

KEP Dividend-Like Income Using Covered Calls

With KEP at 13.51, 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% 0.41 0.1
5% 0.68 0.2
10% 1.35 0.4

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 KEP Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 15.00 0.15 128 0.1 1.48 (11.0%)
Mar 15 15.00 0.35 212 0.2 1.48 (11.0%)

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Top 10 Open Interest For Aug 17 Expiration     Top 5 High Yield
1.SPY dividend 6.XLF dividend   1.NVDA dividend
2.EEM dividend 7.FB dividend   2.AMAT dividend
3.QQQ dividend 8.FXI dividend   3.JWN dividend
4.BAC dividend 9.GLD dividend   4.GDS dividend
5.SPX dividend 10.AABA dividend   5.TUR dividend

Want more examples? KEMQ Dividend | KERX Dividend