TTEC Dividend Type Payments
Although TTEC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on TTEC Holdings, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:40 AM ET):
TTEC Holdings, Inc. (TTEC) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
4.79 | 4.81 | 4.81 | -0.07 | 146K | - | 0.2B |
TTEC Dividend-Like Income Using Covered Calls
With TTEC at 4.81, 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% | 0.14 | 0.0 |
5% | 0.24 | 0.1 |
10% | 0.48 | 0.1 |
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 TTEC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 5.00 | 0.15 | 37 | 0.4 | 0.19 (4.0%) | |
Apr 17 | 5.00 | 0.50 | 155 | 0.3 | 0.19 (4.0%) |
5% Yield On TTEC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 5.00 | 0.15 | 37 | 0.4 | 0.19 (4.0%) | |
Apr 17 | 5.00 | 0.50 | 155 | 0.3 | 0.19 (4.0%) |
10% Yield On TTEC Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Dec 20 | 5.00 | 0.15 | 37 | 0.4 | 0.19 (4.0%) | |
Apr 17 | 5.00 | 0.50 | 155 | 0.3 | 0.19 (4.0%) |
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Top 10 Open Interest For Nov 15 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | FXI dividend | 6. | IWM dividend | 1. | ZETA dividend | |
2. | NVDA dividend | 7. | TLT dividend | 2. | CAPR dividend | |
3. | TSLA dividend | 8. | EEM dividend | 3. | AMAT dividend | |
4. | SPY dividend | 9. | EWZ dividend | 4. | NMRA dividend | |
5. | SLV dividend | 10. | SMCI dividend | 5. | HTZ dividend |
Want more examples? TTD Dividend | TTEK Dividend