BCE Dividend

Although BCE has a dividend of 0.32 with an ex-dividend date of Sep 15, you can sell covered calls on BCE, Inc. 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):

BCE, Inc. (BCE)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
25.25	25.83	25.61	+0.24	3.2M	-	22B

BCE Dividend-Like Income Using Covered Calls

With BCE at 25.61, 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%	0.77	0.2
5%	1.28	0.4
10%	2.56	0.7

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 BCE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	26.00	0.70	64	1.1	0.17 (0.7%)
Sep 19	26.00	0.45	36	1.3	0.17 (0.7%)

5% Yield On BCE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	26.00	0.70	64	1.1	0.17 (0.7%)
Sep 19	26.00	0.45	36	1.3	0.17 (0.7%)

10% Yield On BCE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	26.00	0.70	64	1.1	0.17 (0.7%)
Sep 19	26.00	0.45	36	1.3	0.17 (0.7%)

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Top 10 Open Interest For Sep 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SLV dividend	1.	ATYR dividend
2.	PCG dividend	7.	FXI dividend	2.	IREN dividend
3.	IWM dividend	8.	QQQ dividend	3.	KSS dividend
4.	EEM dividend	9.	IBIT dividend	4.	VKTX dividend
5.	SPY dividend	10.	KWEB dividend	5.	BBAI dividend

Want more examples? BCD Dividend | BCI Dividend