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 Fri 10:45 AM ET):
Edgewell Personal Care Company (EPC) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
26.43 | 26.50 | 26.46 | -0.29 | 52K | 16 | 1.3B |
EPC Dividend-Like Income Using Covered Calls
With EPC at 26.46, 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% | 0.79 | 0.2 |
5% | 1.32 | 0.4 |
10% | 2.65 | 0.7 |
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 | |
Nov 21 | 30.00 | 0.80 | 120 | 0.7 | 3.50 (13.2%) | |
Feb 20 | 30.00 | 0.90 | 211 | 0.4 | 3.50 (13.2%) |
5% Yield On EPC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 21 | 30.00 | 0.80 | 120 | 0.7 | 3.50 (13.2%) | |
Feb 20 | 30.00 | 0.90 | 211 | 0.4 | 3.50 (13.2%) |
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Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | SLV dividend | 6. | IBIT dividend | 1. | MBX dividend | |
2. | NVDA dividend | 7. | TSLA dividend | 2. | EOSE dividend | |
3. | GLD dividend | 8. | AMZN dividend | 3. | NET dividend | |
4. | IWM dividend | 9. | QQQ dividend | 4. | CVNA dividend | |
5. | SPY dividend | 10. | AAPL dividend | 5. | RBLX dividend |
Want more examples? EPAM Dividend | EPD Dividend