KMB Dividend

Although KMB has a dividend of 1.28 with an ex-dividend date of Mar 6, you can sell covered calls on Kimberly-Clark Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 2:35 PM ET):

Kimberly-Clark Corporation (KMB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
104.30	104.34	104.33	0.00	2.2M	18	35B

KMB Dividend-Like Income Using Covered Calls

With KMB at 104.33, 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%	3.13	0.9
5%	5.22	1.4
10%	10.43	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 KMB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	104.00	1.30	5	19.2	0.00 (0.0%)
Feb 20	104.00	1.45	12	9.3	0.00 (0.0%)

5% Yield On KMB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	104.00	1.30	5	19.2	0.00 (0.0%)
Feb 20	104.00	1.45	12	9.3	0.00 (0.0%)

10% Yield On KMB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 13	104.00	1.30	5	19.2	0.00 (0.0%)
Feb 20	104.00	1.45	12	9.3	0.00 (0.0%)

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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.	QS dividend
3.	KWEB dividend	8.	EWZ dividend	3.	U dividend
4.	IBIT dividend	9.	TLT dividend	4.	PINS dividend
5.	GLD dividend	10.	CORZ dividend	5.	NET dividend

Want more examples? KLXE Dividend | KMDA Dividend