MDLZ Dividend Type Payments
Although MDLZ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Mondelez International, Inc. - Class A 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):
Mondelez International, Inc. - Class A (MDLZ) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
68.73 | 69.50 | 68.96 | +1.52 | 11.8M | 25 | 87B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 68.96, 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% | 2.07 | 0.6 |
5% | 3.45 | 0.9 |
10% | 6.90 | 1.9 |
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 MDLZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 1 | 70.00 | 0.70 | 32 | 2.2 | 0.50 (0.7%) | |
Jul 3 | 70.00 | 0.05 | 3 | 1.7 | 0.50 (0.7%) |
5% Yield On MDLZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 1 | 70.00 | 0.70 | 32 | 2.2 | 0.50 (0.7%) | |
Jul 3 | 70.00 | 0.05 | 3 | 1.7 | 0.50 (0.7%) |
10% Yield On MDLZ Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 1 | 70.00 | 0.70 | 32 | 2.2 | 0.50 (0.7%) | |
Jul 11 | 70.00 | 0.40 | 11 | 3.6 | 0.50 (0.7%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | GLD dividend | 1. | COGT dividend | |
2. | SLV dividend | 7. | AAPL dividend | 2. | STZ dividend | |
3. | SPY dividend | 8. | TLT dividend | 3. | IREN dividend | |
4. | IWM dividend | 9. | FXI dividend | 4. | CIFR dividend | |
5. | TSLA dividend | 10. | QQQ dividend | 5. | IONQ dividend |
Want more examples? MDIV Dividend | MDT Dividend