BKE Dividend

Although BKE has a dividend of 3.00 with an ex-dividend date of Jan 15, you can sell covered calls on Buckle, Inc. (The) to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

Buckle, Inc. (The) (BKE)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
54.00	56.89	54.25	-1.29	477K	14	2.8B

BKE Dividend-Like Income Using Covered Calls

With BKE at 54.25, 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%	1.63	0.4
5%	2.71	0.7
10%	5.43	1.5

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 BKE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	57.50	0.35	25	1.4	0.61 (1.1%)
Jun 18	57.50	3.10	178	1.7	0.61 (1.1%)

5% Yield On BKE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	57.50	0.35	25	1.4	0.61 (1.1%)
Jun 18	57.50	3.10	178	1.7	0.61 (1.1%)

10% Yield On BKE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 18	57.50	3.10	178	1.7	0.61 (1.1%)
Feb 20	57.50	1.05	60	1.8	0.61 (1.1%)

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

Top 10 Open Interest For Jan 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	AAPL dividend	1.	OMER dividend
2.	INTC dividend	7.	GLD dividend	2.	TMC dividend
3.	TLT dividend	8.	NIO dividend	3.	DAWN dividend
4.	IBIT dividend	9.	NFLX dividend	4.	RARE dividend
5.	SLV dividend	10.	SPY dividend	5.	BMNR dividend

Want more examples? BKD Dividend | BKEM Dividend