TRI Dividend Type Payments

Thomson Reuters Corp dividend

Although TRI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Thomson Reuters Corp to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 11:45 AM ET):

Thomson Reuters Corp (TRI)
Bid Ask Last Change Volume P/E Market Cap
53.31 53.32 53.31 +0.30 102K 29 27B

TRI Dividend-Like Income Using Covered Calls

With TRI at 53.31, 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% 1.60 0.4
5% 2.67 0.7
10% 5.33 1.5

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 TRI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 55.00 0.35 22 1.6 1.68 (3.2%)
Apr 18 55.00 0.70 56 1.3 1.68 (3.2%)
5% Yield On TRI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 55.00 0.35 22 1.6 1.68 (3.2%)
Apr 18 55.00 0.70 56 1.3 1.68 (3.2%)
10% Yield On TRI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 55.00 0.35 22 1.6 1.68 (3.2%)

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Top 10 Open Interest For Mar 15 Expiration     Top 5 High Yield
1.SPX dividend 6.EWZ dividend   1.AMRN dividend
2.EEM dividend 7.GE dividend   2.APHA dividend
3.SPY dividend 8.LLY dividend   3.CRON dividend
4.QQQ dividend 9.BAC dividend   4.FIT dividend
5.FXI dividend 10.GLD dividend   5.KPTI dividend

Want more examples? TRHC Dividend | TRIB Dividend