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 Tue 1:10 PM ET):
Mondelez International, Inc. - Class A (MDLZ) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
67.97 | 67.98 | 67.98 | -0.84 | 2.8M | 26 | 89B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 67.98, 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% | 2.04 | 0.6 |
5% | 3.40 | 0.9 |
10% | 6.80 | 1.9 |
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 | |
Aug 1 | 68.00 | 1.45 | 25 | 5.8 | 0.02 (0.0%) | |
Aug 8 | 68.00 | 0.20 | 32 | 0.6 | 0.02 (0.0%) |
5% Yield On MDLZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 1 | 68.00 | 1.45 | 25 | 5.8 | 0.02 (0.0%) | |
Aug 8 | 69.00 | 1.20 | 32 | 3.8 | 1.02 (1.5%) |
10% Yield On MDLZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 1 | 68.00 | 1.45 | 25 | 5.8 | 0.02 (0.0%) | |
Aug 8 | 69.00 | 1.20 | 32 | 3.8 | 1.02 (1.5%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
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2. | SLV dividend | 7. | AAPL dividend | 2. | OKLO dividend | |
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Want more examples? MDIV Dividend | MDT Dividend