WHR Dividend

Although WHR has a dividend of 0.90 with an ex-dividend date of Nov 21, you can sell covered calls on Whirlpool Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

Whirlpool Corporation (WHR)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
69.75	71.30	70.94	-0.69	1.3M	-	4.0B

WHR Dividend-Like Income Using Covered Calls

With WHR at 70.94, 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%	2.13	0.6
5%	3.55	1.0
10%	7.09	1.9

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 WHR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	72.50	2.45	47	5.2	1.20 (1.7%)
Nov 21	72.50	1.75	19	9.2	1.20 (1.7%)

5% Yield On WHR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	72.50	2.45	47	5.2	1.20 (1.7%)
Nov 21	72.50	1.75	19	9.2	1.20 (1.7%)

10% Yield On WHR Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	72.50	2.45	47	5.2	1.20 (1.7%)
Nov 21	72.50	1.75	19	9.2	1.20 (1.7%)

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Top 10 Open Interest For Nov 21 Expiration				Top 5 High Yield
1.	IBIT dividend	6.	INTC dividend	1.	SRPT dividend
2.	KVUE dividend	7.	TLT dividend	2.	ENVX dividend
3.	NVDA dividend	8.	ASST dividend	3.	UPST dividend
4.	SLV dividend	9.	EEM dividend	4.	NVTS dividend
5.	GLD dividend	10.	HYG dividend	5.	SOUN dividend

Want more examples? WHG Dividend | WIMI Dividend