MDLZ Dividend Type Payments
Although MDLZ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Mondelez International, 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):
| Mondelez International, Inc. - Class A (MDLZ) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 56.60 | 57.59 | 57.57 | +0.36 | 3.5M | 21 | 74B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 57.57, 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% | 1.73 | 0.5 |
| 5% | 2.88 | 0.8 |
| 10% | 5.76 | 1.6 |
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 MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 58.00 | 0.20 | 8 | 2.5 | 0.41 (0.7%) | |
| Dec 12 | 58.00 | 0.60 | 15 | 4.0 | 0.41 (0.7%) | |
| 5% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 58.00 | 0.20 | 8 | 2.5 | 0.41 (0.7%) | |
| Dec 12 | 58.00 | 0.60 | 15 | 4.0 | 0.41 (0.7%) | |
| 10% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 58.00 | 0.20 | 8 | 2.5 | 0.41 (0.7%) | |
| Dec 12 | 58.00 | 0.60 | 15 | 4.0 | 0.41 (0.7%) | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | EEM dividend | 1. | RZLT dividend | |
| 2. | IWM dividend | 7. | GLD dividend | 2. | IMNM dividend | |
| 3. | SPY dividend | 8. | SLV dividend | 3. | VTYX dividend | |
| 4. | QQQ dividend | 9. | TLT dividend | 4. | PATH dividend | |
| 5. | IBIT dividend | 10. | FXI dividend | 5. | IREN dividend | |
Want more examples? MDIV Dividend | MDT Dividend
