MTD Dividend Type Payments

Mettler-Toledo Intl, Inc dividend

Although MTD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Mettler-Toledo Intl, Inc 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):

Mettler-Toledo Intl, Inc (MTD)
Bid Ask Last Change Volume P/E Market Cap
574.52 574.52 574.52 +2.18 165K - 0.0B

MTD Dividend-Like Income Using Covered Calls

With MTD at 574.52, 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% 17.24 4.7
5% 28.73 7.9
10% 57.45 15.7

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 MTD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 590.00 0.30 4 7.5 15.48 (2.7%)
Jan 18 620.00 1.55 32 4.8 45.48 (7.9%)
5% Yield On MTD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 580.00 3.10 4 77.5 5.48 (1.0%)
Jan 18 610.00 4.00 32 12.5 35.48 (6.2%)
10% Yield On MTD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 21 580.00 3.10 4 77.5 5.48 (1.0%)
Jan 18 600.00 6.10 32 19.1 25.48 (4.4%)

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

 
Top 10 Open Interest For Dec 21 Expiration     Top 5 High Yield
1.SPY dividend 6.EWZ dividend   1. dividend
2.EEM dividend 7.FXI dividend   2. dividend
3.SPX dividend 8.GE dividend   3. dividend
4.QQQ dividend 9.BAC dividend   4. dividend
5.IWM dividend 10.VXX dividend   5. dividend

Want more examples? MTCH Dividend | MTDR Dividend