Dow Chemical is volatile in product and in stock price. Although it is not a dividend machine, it provides a greater than 4 percent yield and because it is volatile in price, it provides covered call income opportunities.
The two tables below present the data on DOW as a dividend company and a potential call to boost income.
Dividend Stock | DOW |
Price when profiled | $28.10 |
Last 4 Qtrs Earnings | $1.58 |
Last 4 Qtrs Dividends | $1.14 |
Current Qtr Dividend | $0.32 |
Annualized Div Yield | 4.56% |
No. Years Div Increase | 1 |
Debt/Equity ratio | 89.00% |
CALL OPTION | DOW |
Strike Price | $30.00 |
Cost Basis | $28.10 |
Call Premium | $0.57 |
Dividend | $0.00 |
Gain in $ if assigned | $2.47 |
Call Yield | 1.90% |
Gain Yield | 8.23% |
Total Gain Yield | 8.23% |
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