WTW Dividend Type Payments
Although WTW has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Willis Towers Watson Public Limited Company - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 3:35 PM ET):
| Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 320.46 | 320.87 | 320.67 | +5.89 | 432K | - | 31B |
WTW Dividend-Like Income Using Covered Calls
With WTW at 320.67, here's a table showing how big the annual "dividend" (i.e. 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% | 9.62 | 2.6 |
| 5% | 16.03 | 4.4 |
| 10% | 32.07 | 8.8 |
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 WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 320.00 | 5.20 | 12 | 36.1 | 0.00 (0.0%) | |
| Oct 17 | 320.00 | 12.90 | 75 | 16.0 | 0.00 (0.0%) | |
| 5% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 320.00 | 5.20 | 12 | 36.1 | 0.00 (0.0%) | |
| Oct 17 | 320.00 | 12.90 | 75 | 16.0 | 0.00 (0.0%) | |
| 10% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 320.00 | 5.20 | 12 | 36.1 | 0.00 (0.0%) | |
| Oct 17 | 320.00 | 12.90 | 75 | 16.0 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | GLD dividend | 1. | MBX dividend | |
| 2. | NVDA dividend | 7. | TSLA dividend | 2. | UPST dividend | |
| 3. | IWM dividend | 8. | AMZN dividend | 3. | GRPN dividend | |
| 4. | SPY dividend | 9. | QQQ dividend | 4. | AAOI dividend | |
| 5. | IBIT dividend | 10. | INTC dividend | 5. | APP dividend | |
Want more examples? WTTR Dividend | WU Dividend
