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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