KLIC Dividend

Kulicke & Soffa Industries, Inc dividend

Although KLIC has a dividend of 0.12 with an ex-dividend date of Dec 26, you can sell covered calls on Kulicke & 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 Fri 4:16 PM ET):

Kulicke & Soffa Industries, Inc (KLIC)
Bid Ask Last Change Volume P/E Market Cap
14.01 24.87 19.59 -0.41 363K - 0.0B

KLIC Dividend-Like Income Using Covered Calls

With KLIC at 19.59, 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% 0.59 0.2
5% 0.98 0.3
10% 1.96 0.5

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
Apr 18 25.00 0.40 126 0.3 0.13 (0.7%)
Jul 19 27.00 0.45 218 0.2 2.13 (10.9%)
5% Yield On KLIC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Apr 18 25.00 0.40 126 0.3 0.13 (0.7%)
Jul 19 26.00 0.60 218 0.3 1.13 (5.8%)

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