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 Mon 3:55 PM ET):
| Mondelez International, Inc. - Class A (MDLZ) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 61.61 | 61.62 | 61.61 | +0.84 | 4.6M | 23 | 79B |
MDLZ Dividend-Like Income Using Covered Calls
With MDLZ at 61.61, 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% | 1.85 | 0.5 |
| 5% | 3.08 | 0.8 |
| 10% | 6.16 | 1.7 |
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 | |
| Dec 5 | 66.00 | 0.40 | 40 | 1.0 | 4.38 (7.1%) | |
| Nov 7 | 62.00 | 1.05 | 12 | 8.8 | 0.38 (0.6%) | |
| 5% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 5 | 66.00 | 0.40 | 40 | 1.0 | 4.38 (7.1%) | |
| Nov 7 | 62.00 | 1.05 | 12 | 8.8 | 0.38 (0.6%) | |
| 10% Yield On MDLZ Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 7 | 62.00 | 1.05 | 12 | 8.8 | 0.38 (0.6%) | |
| Nov 14 | 62.00 | 1.20 | 19 | 6.3 | 0.38 (0.6%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | TLT dividend | 1. | GHRS dividend | |
| 2. | KVUE dividend | 7. | HYG dividend | 2. | DNUT dividend | |
| 3. | NVDA dividend | 8. | EEM dividend | 3. | RGTI dividend | |
| 4. | SLV dividend | 9. | QQQ dividend | 4. | BHVN dividend | |
| 5. | GLD dividend | 10. | SPY dividend | 5. | UPST dividend | |
Want more examples? MDIV Dividend | MDT Dividend
