TTEC Dividend

Teletech Holdings, Inc dividend

Although TTEC has a dividend of 0.30 with an ex-dividend date of Mar 27, you can sell covered calls on Teletech Holdings, Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

Teletech Holdings, Inc (TTEC)
Bid Ask Last Change Volume P/E Market Cap
34.53 36.54 34.53 -1.73 52K 47 1.7B

TTEC Dividend-Like Income Using Covered Calls

With TTEC at 34.53, 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% 1.04 0.3
5% 1.73 0.5
10% 3.45 0.9

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 TTEC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
May 17 40.00 0.25 57 0.4 3.46 (10.0%)
Jul 19 40.00 0.70 120 0.6 3.46 (10.0%)
5% Yield On TTEC Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jul 19 40.00 0.70 120 0.6 3.46 (10.0%)
Oct 18 40.00 1.45 211 0.7 3.46 (10.0%)

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