KLIC Dividend Type Payments

KULICKE & SOFFA dividend

Although KLIC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KULICKE & SOFFA 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 (KLIC)
Bid Ask Last Change Volume P/E Market Cap
21.25 25.50 21.25 +0.38 540K 27 1.4B

KLIC Dividend-Like Income Using Covered Calls

With KLIC at 21.25, 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% 0.64 0.2
5% 1.06 0.3
10% 2.13 0.6

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
Jan 18 27.00 0.20 99 0.2 1.50 (7.1%)
5% Yield On KLIC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 26.00 0.30 99 0.3 0.50 (2.4%)

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