MTD Dividend Type Payments

METTLER-TOLEDO INTL dividend

Although MTD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on METTLER-TOLEDO INTL to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 10:50 AM ET):

METTLER-TOLEDO INTL (MTD)
Bid Ask Last Change Volume P/E Market Cap
570.53 571.37 571.84 +5.49 37K 37 14B

MTD Dividend-Like Income Using Covered Calls

With MTD at 571.84, 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% 17.16 4.7
5% 28.59 7.8
10% 57.18 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
Nov 16 600.00 3.70 29 12.8 28.63 (5.0%)
Jan 18 620.00 4.40 92 4.8 48.63 (8.5%)
5% Yield On MTD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 16 600.00 3.70 29 12.8 28.63 (5.0%)
Jan 18 600.00 10.20 92 11.1 28.63 (5.0%)
10% Yield On MTD Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 16 590.00 6.50 29 22.4 18.63 (3.3%)
Jan 18 580.00 18.50 92 20.1 8.63 (1.5%)

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Top 10 Open Interest For Nov 16 Expiration     Top 5 High Yield
1.SPY dividend 6.SPX dividend   1.UVXY dividend
2.EWZ dividend 7.FXI dividend   2.SKX dividend
3.EEM dividend 8.VXX dividend   3.CGC dividend
4.PBR dividend 9.IWM dividend   4.TLRY dividend
5.QQQ dividend 10.BAC dividend   5.SNAP dividend

Want more examples? MTCH Dividend | MTDR Dividend