CMCSA Dividend

Although CMCSA has a dividend of 0.33 with an ex-dividend date of Jul 2, you can sell covered calls on Comcast Corporation - Class A 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):

Comcast Corporation - Class A (CMCSA)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
34.01	34.71	34.52	-0.07	13.5M	8.5	129B

CMCSA Dividend-Like Income Using Covered Calls

With CMCSA at 34.52, 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%	1.04	0.3
5%	1.73	0.5
10%	3.45	0.9

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 CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 6	35.00	0.40	15	2.7	0.29 (0.8%)
Jun 13	35.00	0.56	22	2.5	0.29 (0.8%)

5% Yield On CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 6	35.00	0.40	15	2.7	0.29 (0.8%)
Jun 13	35.00	0.56	22	2.5	0.29 (0.8%)

10% Yield On CMCSA Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 6	35.00	0.40	15	2.7	0.29 (0.8%)
Jun 13	35.00	0.56	22	2.5	0.29 (0.8%)

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Want more examples? CMCO Dividend | CMDT Dividend