TTD Dividend Type Payments
Although TTD has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on The Trade Desk, 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 Fri 4:16 PM ET):
| The Trade Desk, Inc. - Class A (TTD) |
| Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
| 37.33 |
37.40 |
37.26 |
-0.03 |
36.0M |
43 |
18B |
TTD Dividend-Like Income Using Covered Calls
With TTD at 37.26, 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% |
1.12 |
0.3 |
| 5% |
1.86 |
0.5 |
| 10% |
3.73 |
1.0 |
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 TTD Using Covered Calls |
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 26 |
37.50 |
0.62 |
8 |
7.8 |
0.10 (0.3%) |
| Jan 2 |
37.50 |
1.08 |
15 |
7.2 |
0.10 (0.3%) |
| 5% Yield On TTD Using Covered Calls |
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 26 |
37.50 |
0.62 |
8 |
7.8 |
0.10 (0.3%) |
| Jan 2 |
37.50 |
1.08 |
15 |
7.2 |
0.10 (0.3%) |
| 10% Yield On TTD Using Covered Calls |
| Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
| Dec 26 |
37.50 |
0.62 |
8 |
7.8 |
0.10 (0.3%) |
| Jan 2 |
37.50 |
1.08 |
15 |
7.2 |
0.10 (0.3%) |
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