UL Dividend Type Payments

Unilever PLC dividend

Although UL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Unilever PLC 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):

Unilever PLC (UL)
Bid Ask Last Change Volume P/E Market Cap
61.85 63.59 62.89 -0.60 2.5M - 83B

UL Dividend-Like Income Using Covered Calls

With UL at 62.89, 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% 1.89 0.5
5% 3.14 0.9
10% 6.29 1.7

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 UL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 17 65.00 0.45 36 1.3 1.41 (2.2%)
Sep 19 65.00 0.05 8 0.6 1.41 (2.2%)
5% Yield On UL Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Oct 17 65.00 0.45 36 1.3 1.41 (2.2%)
Nov 21 65.00 1.00 71 1.4 1.41 (2.2%)

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Top 10 Open Interest For Sep 19 Expiration     Top 5 High Yield
1.NVDA dividend 6.QQQ dividend   1.ATYR dividend
2.SPY dividend 7.IBIT dividend   2.OPEN dividend
3.IWM dividend 8.SLV dividend   3.IONQ dividend
4.PCG dividend 9.TSLA dividend   4.QURE dividend
5.EEM dividend 10.FXI dividend   5.ARCT dividend

Want more examples? UJB Dividend | ULE Dividend