WTW Dividend Type Payments
Although WTW has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Willis Towers Watson Public Limited Company - Ordinary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:30 PM ET):
| Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 339.83 | 340.28 | 339.95 | -3.36 | 182K | 252 | 34B |
WTW Dividend-Like Income Using Covered Calls
With WTW at 339.95, 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% | 10.20 | 2.8 |
| 5% | 17.00 | 4.7 |
| 10% | 34.00 | 9.3 |
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 WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 340.00 | 2.40 | 3 | 70.7 | 0.00 (0.0%) | |
| Nov 21 | 340.00 | 11.70 | 38 | 30.1 | 0.00 (0.0%) | |
| 5% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 340.00 | 2.40 | 3 | 70.7 | 0.00 (0.0%) | |
| Nov 21 | 340.00 | 11.70 | 38 | 30.1 | 0.00 (0.0%) | |
| 10% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Oct 17 | 340.00 | 2.40 | 3 | 70.7 | 0.00 (0.0%) | |
| Nov 21 | 340.00 | 11.70 | 38 | 30.1 | 0.00 (0.0%) | |
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| Top 10 Open Interest For Oct 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | INTC dividend | 1. | AREC dividend | |
| 2. | IBIT dividend | 7. | SLV dividend | 2. | NB dividend | |
| 3. | SPY dividend | 8. | AMZN dividend | 3. | TE dividend | |
| 4. | GLD dividend | 9. | QQQ dividend | 4. | LPTH dividend | |
| 5. | TSLA dividend | 10. | OPEN dividend | 5. | LBRT dividend | |
Want more examples? WTTR Dividend | WU Dividend
