MOG.A Dividend

Although MOG.A has a dividend of 0.28 with an ex-dividend date of Nov 21, you can sell covered calls on Moog 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):

Moog Inc. Class A (MOG.A)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
207.26	222.60	214.58	-2.99	158K	35	7.0B

MOG.A Dividend-Like Income Using Covered Calls

With MOG.A at 214.58, 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%	6.44	1.8
5%	10.73	2.9
10%	21.46	5.9

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 MOG.A Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	230.00	9.60	218	4.4	7.40 (3.4%)
Mar 21	230.00	5.00	127	3.9	7.40 (3.4%)

5% Yield On MOG.A Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jun 20	230.00	9.60	218	4.4	7.40 (3.4%)
Mar 21	230.00	5.00	127	3.9	7.40 (3.4%)

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Want more examples? MODV Dividend | MOH Dividend