MSCI Dividend Type Payments

MSCI Inc dividend

Although MSCI has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on MSCI Inc to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

MSCI Inc (MSCI)
Bid Ask Last Change Volume P/E Market Cap
520.00 600.00 560.16 +8.75 294K 37 44B

MSCI Dividend-Like Income Using Covered Calls

With MSCI at 560.16, 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% 16.80 4.6
5% 28.01 7.7
10% 56.02 15.3

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 MSCI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 600.00 8.60 54 15.9 0.00 (0.0%)
Dec 20 600.00 9.80 89 11.0 0.00 (0.0%)
5% Yield On MSCI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 600.00 8.60 54 15.9 0.00 (0.0%)
Dec 20 600.00 9.80 89 11.0 0.00 (0.0%)
10% Yield On MSCI Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 15 600.00 8.60 54 15.9 0.00 (0.0%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Oct 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.SLV dividend   1.WULF dividend
2.IWM dividend 7.GLD dividend   2.CPRI dividend
3.SPY dividend 8.TLT dividend   3.DJT dividend
4.QQQ dividend 9.EEM dividend   4.MSTR dividend
5.HYG dividend 10.AAPL dividend   5.SMCI dividend

Want more examples? MSB Dividend | MSEX Dividend