WMT Dividend Type Payments

Walmart Inc. dividend

Although WMT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Walmart Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

Walmart Inc. (WMT)
Bid Ask Last Change Volume P/E Market Cap
93.29 93.40 93.55 -1.87 20.3M 50 767B

WMT Dividend-Like Income Using Covered Calls

With WMT at 93.55, 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% 2.81 0.8
5% 4.68 1.3
10% 9.36 2.6

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 WMT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 93.00 1.03 3 21.0 0.00 (0.0%)
Dec 27 93.00 1.56 10 11.6 0.00 (0.0%)
5% Yield On WMT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 93.00 1.03 3 21.0 0.00 (0.0%)
Dec 27 93.00 1.56 10 11.6 0.00 (0.0%)
10% Yield On WMT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 20 93.00 1.03 3 21.0 0.00 (0.0%)
Dec 27 93.00 1.56 10 11.6 0.00 (0.0%)

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.EEM dividend   1.NVDA dividend
2.SPY dividend 7.IWM dividend   2.RGTI dividend
3.XLF dividend 8.KWEB dividend   3.QUBT dividend
4.QQQ dividend 9.TLT dividend   4.MU dividend
5.FXI dividend 10.TSLA dividend   5.QBTS dividend

Want more examples? WMS Dividend | WNC Dividend