MDLZ Dividend Type Payments
Although MDLZ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Mondelez International, Inc. - Class A 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):
| Mondelez International, Inc. - Class A (MDLZ) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 64.51 | 64.62 | 64.49 | -1.07 | 6.8M | 23 | 88B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 64.49, 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% | 1.93 | 0.5 |
| 5% | 3.22 | 0.9 |
| 10% | 6.45 | 1.8 |
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 MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 6 | 65.00 | 0.90 | 22 | 4.1 | 0.38 (0.6%) | |
| Dec 13 | 65.00 | 1.05 | 29 | 3.6 | 0.38 (0.6%) | |
| 5% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 6 | 65.00 | 0.90 | 22 | 4.1 | 0.38 (0.6%) | |
| Dec 13 | 65.00 | 1.05 | 29 | 3.6 | 0.38 (0.6%) | |
| 10% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 6 | 65.00 | 0.90 | 22 | 4.1 | 0.38 (0.6%) | |
| Dec 13 | 65.00 | 1.05 | 29 | 3.6 | 0.38 (0.6%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | QQQ dividend | 1. | SAVA dividend | |
| 2. | SPY dividend | 7. | XLF dividend | 2. | RKLB dividend | |
| 3. | EEM dividend | 8. | KWEB dividend | 3. | LUNR dividend | |
| 4. | FXI dividend | 9. | TLT dividend | 4. | NMRA dividend | |
| 5. | IWM dividend | 10. | KRE dividend | 5. | CRVS dividend | |
Want more examples? MDIV Dividend | MDT Dividend
