CLB Dividend

Although CLB has a dividend of 0.01 with an ex-dividend date of Feb 13, you can sell covered calls on Core Laboratories Inc. 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):

Core Laboratories Inc. (CLB)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
18.99	20.00	18.98	+0.42	410K	-	0.9B

CLB Dividend-Like Income Using Covered Calls

With CLB at 18.98, 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%	0.57	0.2
5%	0.95	0.3
10%	1.90	0.5

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 CLB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Mar 20	20.00	0.15	40	0.4	0.00 (0.0%)
Jun 18	20.00	0.85	130	0.7	0.00 (0.0%)

5% Yield On CLB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Mar 20	20.00	0.15	40	0.4	0.00 (0.0%)
Jun 18	20.00	0.85	130	0.7	0.00 (0.0%)

10% Yield On CLB Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 18	20.00	0.85	130	0.7	0.00 (0.0%)
Sep 18	20.00	1.90	222	0.9	0.00 (0.0%)

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

Top 10 Open Interest For Feb 20 Expiration				Top 5 High Yield
1.	SLV dividend	6.	QQQ dividend	1.	OCUL dividend
2.	NVDA dividend	7.	SPY dividend	2.	UPWK dividend
3.	KWEB dividend	8.	EWZ dividend	3.	PINS dividend
4.	IBIT dividend	9.	TLT dividend	4.	NET dividend
5.	GLD dividend	10.	CORZ dividend	5.	APLD dividend

Want more examples? CLAR Dividend | CLBK Dividend