MTCH Dividend Type Payments

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

MATCH GROUP (MTCH)
Bid Ask Last Change Volume P/E Market Cap
48.31 49.00 48.45 -1.54 5.3M 26 14B

MTCH Dividend-Like Income Using Covered Calls

With MTCH at 48.45, 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% 1.45 0.4
5% 2.42 0.7
10% 4.85 1.3

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 MTCH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 50.00 0.30 4 7.5 1.00 (2.1%)
Sep 21 60.00 0.20 39 0.5 11.00 (22.7%)
5% Yield On MTCH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 50.00 0.30 4 7.5 1.00 (2.1%)
Sep 21 55.00 0.55 39 1.4 6.00 (12.4%)
10% Yield On MTCH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 17 50.00 0.30 4 7.5 1.00 (2.1%)
Sep 21 55.00 0.55 39 1.4 6.00 (12.4%)

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Top 10 Open Interest For Aug 17 Expiration     Top 5 High Yield
1.SPY dividend 6.BAC dividend   1.M dividend
2.EEM dividend 7.AABA dividend   2.UVXY dividend
3.QQQ dividend 8.FXI dividend   3.JWN dividend
4.SPX dividend 9.FB dividend   4.CGC dividend
5.XLF dividend 10.GLD dividend   5.A dividend

Want more examples? MTB Dividend | MTD Dividend