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 Mon 4:16 PM ET):
| Mondelez International, Inc. - Class A (MDLZ) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 58.56 | 59.30 | 58.69 | +0.22 | 14.4M | 22 | 75B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 58.69, 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% | 1.76 | 0.5 |
| 5% | 2.93 | 0.8 |
| 10% | 5.87 | 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 | |
| Feb 6 | 60.00 | 0.45 | 5 | 9.0 | 0.70 (1.2%) | |
| Mar 6 | 60.00 | 1.00 | 33 | 3.0 | 0.70 (1.2%) | |
| 5% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Feb 6 | 60.00 | 0.45 | 5 | 9.0 | 0.70 (1.2%) | |
| Mar 6 | 60.00 | 1.00 | 33 | 3.0 | 0.70 (1.2%) | |
| 10% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Feb 6 | 60.00 | 0.45 | 5 | 9.0 | 0.70 (1.2%) | |
| Mar 6 | 60.00 | 1.00 | 33 | 3.0 | 0.70 (1.2%) | |
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| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | QQQ dividend | 1. | LITE dividend | |
| 2. | NVDA dividend | 7. | EWZ dividend | 2. | RBLX dividend | |
| 3. | KWEB dividend | 8. | SPY dividend | 3. | BE dividend | |
| 4. | GLD dividend | 9. | INTC dividend | 4. | ASTS dividend | |
| 5. | IBIT dividend | 10. | CORZ dividend | 5. | USAR dividend | |
Want more examples? MDIV Dividend | MDT Dividend
