MDLZ Dividend

Mondelez International, Inc. - Class A dividend

Although MDLZ has a dividend of 0.47 with an ex-dividend date of Dec 31, 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 Wed 2:30 PM ET):

Mondelez International, Inc. - Class A (MDLZ)
Bid Ask Last Change Volume P/E Market Cap
60.09 60.11 60.09 -1.25 5.4M 22 82B

MDLZ Dividend-Like Income Using Covered Calls

With MDLZ at 60.09, 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% 1.80 0.5
5% 3.00 0.8
10% 6.01 1.6

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 20 60.00 0.50 3 13.0 0.00 (0.0%)
Dec 27 60.00 0.80 10 6.9 0.00 (0.0%)
5% Yield On MDLZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 60.00 0.50 3 13.0 0.00 (0.0%)
Dec 27 60.00 0.80 10 6.9 0.00 (0.0%)
10% Yield On MDLZ Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 60.00 0.50 3 13.0 0.00 (0.0%)
Dec 27 60.00 0.80 10 6.9 0.00 (0.0%)

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Want more examples? MDIV Dividend | MDT Dividend