MTLS Dividend Type Payments
Although MTLS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Materialise NV - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
Materialise NV - American Depositary Shares (MTLS) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
7.25 | 7.80 | 7.60 | -0.26 | 286K | 39 | 0.0B |
MTLS Dividend-Like Income Using Covered Calls
With MTLS at 7.60, 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% | 0.23 | 0.1 |
5% | 0.38 | 0.1 |
10% | 0.76 | 0.2 |
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 MTLS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 10.00 | 0.30 | 211 | 0.1 | 2.20 (28.9%) | |
May 16 | 10.00 | 0.15 | 120 | 0.1 | 2.20 (28.9%) |
5% Yield On MTLS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 10.00 | 0.30 | 211 | 0.1 | 2.20 (28.9%) | |
May 16 | 10.00 | 0.15 | 120 | 0.1 | 2.20 (28.9%) |
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Top 10 Open Interest For Feb 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | FXI dividend | 1. | RGTI dividend | |
2. | TLT dividend | 7. | TSLA dividend | 2. | QUBT dividend | |
3. | IWM dividend | 8. | AMZN dividend | 3. | DJT dividend | |
4. | SPY dividend | 9. | ASHR dividend | 4. | MSTR dividend | |
5. | SLV dividend | 10. | AAPL dividend | 5. | SOUN dividend |
Want more examples? MTH Dividend | MTN Dividend