KRG Dividend Type Payments
Although KRG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kite Realty Group Trust to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:30 PM ET):
Kite Realty Group Trust (KRG) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
22.20 | 22.21 | 22.20 | +0.40 | 1.2M | 28 | 4.8B |
KRG Dividend-Like Income Using Covered Calls
With KRG at 22.20, 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% | 0.67 | 0.2 |
5% | 1.11 | 0.3 |
10% | 2.22 | 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 KRG Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 22.50 | 0.50 | 66 | 0.8 | 0.29 (1.3%) | |
Nov 21 | 22.50 | 0.50 | 38 | 1.3 | 0.29 (1.3%) |
5% Yield On KRG Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 22.50 | 0.50 | 66 | 0.8 | 0.29 (1.3%) | |
Nov 21 | 22.50 | 0.50 | 38 | 1.3 | 0.29 (1.3%) |
10% Yield On KRG Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 19 | 22.50 | 0.50 | 66 | 0.8 | 0.29 (1.3%) | |
Nov 21 | 22.50 | 0.50 | 38 | 1.3 | 0.29 (1.3%) |
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Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | INTC dividend | 1. | AREC dividend | |
2. | IBIT dividend | 7. | SLV dividend | 2. | NB dividend | |
3. | SPY dividend | 8. | AMZN dividend | 3. | TE dividend | |
4. | GLD dividend | 9. | QQQ dividend | 4. | LPTH dividend | |
5. | TSLA dividend | 10. | OPEN dividend | 5. | LBRT dividend |
Want more examples? KRE Dividend | KRMD Dividend