MTLS Dividend Type Payments
Although MTLS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Materialise NV - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 12:35 PM ET):
Materialise NV - American Depositary Shares (MTLS) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
6.81 |
6.83 |
6.82 |
+0.10 |
23K |
33 |
0.0B |
MTLS Dividend-Like Income Using Covered Calls
With MTLS at 6.82, 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% |
0.20 |
0.1 |
5% |
0.34 |
0.1 |
10% |
0.68 |
0.2 |
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 MTLS Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 16 |
7.50 |
0.25 |
179 |
0.1 |
0.67 (9.8%) |
Jan 17 |
7.50 |
0.10 |
60 |
0.2 |
0.67 (9.8%) |
5% Yield On MTLS Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
May 16 |
7.50 |
0.25 |
179 |
0.1 |
0.67 (9.8%) |
Jan 17 |
7.50 |
0.10 |
60 |
0.2 |
0.67 (9.8%) |
10% Yield On MTLS Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Feb 21 |
7.50 |
0.20 |
95 |
0.2 |
0.67 (9.8%) |
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