WTW Dividend

Willis Towers Watson Public Limited Company - Ordinary Shares dividend

Although WTW has a dividend of 0.92 with an ex-dividend date of Mar 31, 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 Thu 4:16 PM ET):

Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Bid Ask Last Change Volume P/E Market Cap
237.12 545.58 340.88 +2.29 589K - 34B

WTW Dividend-Like Income Using Covered Calls

With WTW at 340.88, 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% 10.23 2.8
5% 17.04 4.7
10% 34.09 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:

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