MTD Dividend Type Payments
Although MTD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Mettler-Toledo International, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 12:50 PM ET):
| Mettler-Toledo International, Inc. (MTD) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 1,370.91 | 1,374.51 | 1,372.71 | -10.14 | 105K | 35 | 28B |
MTD Dividend-Like Income Using Covered Calls
With MTD at 1,372.71, 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% | 0.03 | 0.0 |
| 5% | 0.05 | 0.0 |
| 10% | 0.10 | 0.0 |
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 MTD Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 16 | 1380.00 | 142.80 | 253 | 56.4 | 5.49 (0.4%) | |
| Apr 17 | 1370.00 | 70.00 | 71 | 92.2 | 0.00 (0.0%) | |
| 5% Yield On MTD Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 16 | 1380.00 | 142.80 | 253 | 56.4 | 5.49 (0.4%) | |
| Apr 17 | 1370.00 | 70.00 | 71 | 92.2 | 0.00 (0.0%) | |
| 10% Yield On MTD Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 16 | 1380.00 | 142.80 | 253 | 56.4 | 5.49 (0.4%) | |
| Apr 17 | 1370.00 | 70.00 | 71 | 92.2 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | QQQ dividend | 1. | TE dividend | |
| 2. | KWEB dividend | 7. | SPY dividend | 2. | QUBT dividend | |
| 3. | NVDA dividend | 8. | EWZ dividend | 3. | CLSK dividend | |
| 4. | IBIT dividend | 9. | TLT dividend | 4. | RBLX dividend | |
| 5. | GLD dividend | 10. | INTC dividend | 5. | UUUU dividend | |
Want more examples? MTCH Dividend | MTDR Dividend
