MCC Dividend

MEDLEY CAPITAL dividend

Although MCC has a dividend of 0.10 with an ex-dividend date of Jun 5, you can sell covered calls on MEDLEY CAPITAL 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):

MEDLEY CAPITAL (MCC)
Bid Ask Last Change Volume P/E Market Cap
3.52 3.59 3.54 0.00 258K - 0.2B

MCC Dividend-Like Income Using Covered Calls

With MCC at 3.54, here's a table showing how big the annual "dividend" (ie. 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% 0.11 0.0
5% 0.18 0.0
10% 0.35 0.1

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:

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

 
Top 10 Open Interest For Jun 15 Expiration     Top 5 High Yield
1.SPY dividend 6.XLF dividend   1.GERN dividend
2.EEM dividend 7.BAC dividend   2.GBT dividend
3.SPX dividend 8.HYG dividend   3.ANF dividend
4.GE dividend 9.IWM dividend   4.TXMD dividend
5.QQQ dividend 10.EFA dividend   5.I dividend

Want more examples? MCBC Dividend | MCD Dividend