MBC Dividend Type Payments

Although MBC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on MasterBrand, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 12:05 PM ET):

MasterBrand, Inc. (MBC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
11.13	11.14	11.13	-0.08	296K	18	1.4B

MBC Dividend-Like Income Using Covered Calls

With MBC at 11.13, 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%	0.33	0.1
5%	0.56	0.2
10%	1.11	0.3

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 MBC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	12.50	0.10	43	0.2	1.36 (12.2%)

5% Yield On MBC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 16	12.50	0.10	43	0.2	1.36 (12.2%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Dec 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	RZLT dividend
2.	SPY dividend	7.	TLT dividend	2.	CRH dividend
3.	QQQ dividend	8.	SLV dividend	3.	CRML dividend
4.	IWM dividend	9.	GLD dividend	4.	MRVL dividend
5.	IBIT dividend	10.	FXI dividend	5.	VRT dividend

Want more examples? MBB Dividend | MBI Dividend