PKI Dividend

PERKINELMER dividend

Although PKI has a dividend of 0.07 with an ex-dividend date of Oct 18, you can sell covered calls on PERKINELMER to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

PERKINELMER (PKI)
Bid Ask Last Change Volume P/E Market Cap
72.00 87.00 84.30 -1.33 347K 67 10B

PKI Dividend-Like Income Using Covered Calls

With PKI at 84.30, 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% 2.53 0.7
5% 4.22 1.2
10% 8.43 2.3

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 PKI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 90.00 2.10 129 1.6 3.00 (3.6%)
Mar 15 95.00 1.85 213 0.9 8.00 (9.5%)
5% Yield On PKI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 90.00 2.10 129 1.6 3.00 (3.6%)
Mar 15 90.00 3.40 213 1.6 3.00 (3.6%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
Top 10 Open Interest For Aug 17 Expiration     Top 5 High Yield
1.SPY dividend 6.XLF dividend   1.NVDA dividend
2.EEM dividend 7.FB dividend   2.UVXY dividend
3.QQQ dividend 8.FXI dividend   3.JWN dividend
4.SPX dividend 9.GLD dividend   4.GDS dividend
5.BAC dividend 10.AABA dividend   5.AMAT dividend

Want more examples? PKG Dividend | PKOH Dividend