KKR Dividend

Although KKR has a dividend of 0.19 with an ex-dividend date of Feb 17, you can sell covered calls on KKR & Co. 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):

KKR & Co. Inc. (KKR)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
107.34	109.00	107.29	+4.09	11.7M	44	92B

KKR Dividend-Like Income Using Covered Calls

With KKR at 107.29, 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%	3.22	0.9
5%	5.36	1.5
10%	10.73	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 KKR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	109.00	1.10	5	22.0	0.00 (0.0%)
Feb 20	109.00	1.60	12	13.3	0.00 (0.0%)

5% Yield On KKR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	109.00	1.10	5	22.0	0.00 (0.0%)
Feb 20	109.00	1.60	12	13.3	0.00 (0.0%)

10% Yield On KKR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	109.00	1.10	5	22.0	0.00 (0.0%)
Feb 20	109.00	1.60	12	13.3	0.00 (0.0%)

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

Top 10 Open Interest For Feb 20 Expiration				Top 5 High Yield
1.	SLV dividend	6.	QQQ dividend	1.	OCUL dividend
2.	NVDA dividend	7.	SPY dividend	2.	UPWK dividend
3.	KWEB dividend	8.	EWZ dividend	3.	PINS dividend
4.	IBIT dividend	9.	TLT dividend	4.	NET dividend
5.	GLD dividend	10.	CORZ dividend	5.	APLD dividend

Want more examples? KIM Dividend | KLAC Dividend