KW Dividend
Although KW has a dividend of 0.12 with an ex-dividend date of Sep 30, you can sell covered calls on Kennedy-Wilson Holdings Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):
| Kennedy-Wilson Holdings Inc. (KW) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 8.03 | 8.39 | 8.21 | +0.05 | 931K | - | 2.2B |
KW Dividend-Like Income Using Covered Calls
With KW at 8.21, 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% | 0.25 | 0.1 |
| 5% | 0.41 | 0.1 |
| 10% | 0.82 | 0.2 |
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:
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SLV dividend | 1. | AMAT dividend | |
| 2. | PCG dividend | 7. | FXI dividend | 2. | RCAT dividend | |
| 3. | IWM dividend | 8. | QQQ dividend | 3. | QUBT dividend | |
| 4. | SPY dividend | 9. | IBIT dividend | 4. | TMC dividend | |
| 5. | EEM dividend | 10. | KWEB dividend | 5. | ASML dividend | |
Want more examples? KVLE Dividend | KWEB Dividend
