EPC Dividend Type Payments
Although EPC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Edgewell Personal Care Company to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):
| Edgewell Personal Care Company (EPC) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 22.24 | 23.66 | 23.00 | +0.21 | 1.1M | 13 | 1.1B |
EPC Dividend-Like Income Using Covered Calls
With EPC at 23.00, 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% | 0.69 | 0.2 |
| 5% | 1.15 | 0.3 |
| 10% | 2.30 | 0.6 |
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 EPC Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 25.00 | 0.15 | 59 | 0.3 | 1.34 (5.8%) | |
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| Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | TSLA dividend | 1. | ALT dividend | |
| 2. | NVDA dividend | 7. | IWM dividend | 2. | RUN dividend | |
| 3. | SPY dividend | 8. | AAPL dividend | 3. | CAPR dividend | |
| 4. | GLD dividend | 9. | FXI dividend | 4. | SWBI dividend | |
| 5. | TLT dividend | 10. | CLSK dividend | 5. | QUBT dividend | |
Want more examples? EPAM Dividend | EPD Dividend
