MDLZ Dividend

Although MDLZ has a dividend of 0.47 with an ex-dividend date of Mar 31, 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 Thu 4:16 PM ET):

Mondelez International, Inc. - Class A (MDLZ)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
63.98	64.43	63.98	+0.53	6.5M	19	82B

MDLZ Dividend-Like Income Using Covered Calls

With MDLZ at 63.98, 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%	1.92	0.5
5%	3.20	0.9
10%	6.40	1.8

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 MDLZ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	65.00	1.05	37	2.8	0.57 (0.9%)
Mar 7	65.00	0.50	9	5.6	0.57 (0.9%)

5% Yield On MDLZ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	65.00	1.05	37	2.8	0.57 (0.9%)
Mar 7	65.00	0.50	9	5.6	0.57 (0.9%)

10% Yield On MDLZ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 4	65.00	1.05	37	2.8	0.57 (0.9%)
Mar 7	65.00	0.50	9	5.6	0.57 (0.9%)

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Want more examples? MDIV Dividend | MDT Dividend