BELFB Dividend
Although BELFB has a dividend of 0.07 with an ex-dividend date of Jan 15, you can sell covered calls on Bel Fuse Inc. - Class B 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):
| Bel Fuse Inc. - Class B (BELFB) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 175.00 | 203.96 | 187.43 | +7.19 | 136K | 35 | 2.3B |
BELFB Dividend-Like Income Using Covered Calls
With BELFB at 187.43, 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% | 5.62 | 1.5 |
| 5% | 9.37 | 2.6 |
| 10% | 18.74 | 5.1 |
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 BELFB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 18 | 210.00 | 11.00 | 161 | 6.8 | 6.04 (3.2%) | |
| Feb 20 | 210.00 | 1.50 | 43 | 3.5 | 6.04 (3.2%) | |
| 5% Yield On BELFB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 18 | 210.00 | 11.00 | 161 | 6.8 | 6.04 (3.2%) | |
| Feb 20 | 210.00 | 1.50 | 43 | 3.5 | 6.04 (3.2%) | |
| 10% Yield On BELFB Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Jun 18 | 210.00 | 11.00 | 161 | 6.8 | 6.04 (3.2%) | |
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| Top 10 Open Interest For Jan 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | AAPL dividend | 1. | LXEO dividend | |
| 2. | INTC dividend | 7. | SPY dividend | 2. | SOC dividend | |
| 3. | IBIT dividend | 8. | NFLX dividend | 3. | DAWN dividend | |
| 4. | TLT dividend | 9. | GLD dividend | 4. | TE dividend | |
| 5. | SLV dividend | 10. | QQQ dividend | 5. | CRVS dividend | |
Want more examples? BEKE Dividend | BEN Dividend
