KLIC Dividend Type Payments
Although KLIC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kulicke and Soffa Industries, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):
| Kulicke and Soffa Industries, Inc. (KLIC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 35.60 | 36.70 | 35.70 | +1.10 | 543K | 99 | 1.8B |
KLIC Dividend-Like Income Using Covered Calls
With KLIC at 35.70, 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% | 1.07 | 0.3 |
| 5% | 1.79 | 0.5 |
| 10% | 3.57 | 1.0 |
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 KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 37.00 | 1.55 | 46 | 3.4 | 0.30 (0.8%) | |
| Oct 17 | 37.00 | 0.80 | 109 | 0.7 | 0.30 (0.8%) | |
| 5% Yield On KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 37.00 | 1.55 | 46 | 3.4 | 0.30 (0.8%) | |
| Oct 17 | 37.00 | 0.80 | 109 | 0.7 | 0.30 (0.8%) | |
| 10% Yield On KLIC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 37.00 | 1.55 | 46 | 3.4 | 0.30 (0.8%) | |
| Jul 18 | 37.00 | 0.35 | 18 | 1.9 | 0.30 (0.8%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | GLD dividend | 1. | COGT dividend | |
| 2. | SLV dividend | 7. | AAPL dividend | 2. | STZ dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | IREN dividend | |
| 4. | IWM dividend | 9. | FXI dividend | 4. | CIFR dividend | |
| 5. | TSLA dividend | 10. | QQQ dividend | 5. | IONQ dividend | |
Want more examples? KLAC Dividend | KLXE Dividend
