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 Mon 4:16 PM ET):
| Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 127.68 | 327.00 | 318.60 | -3.53 | 648K | 15 | 31B |
WTW Dividend-Like Income Using Covered Calls
With WTW at 318.60, 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% | 9.56 | 2.6 |
| 5% | 15.93 | 4.4 |
| 10% | 31.86 | 8.7 |
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 | |
| Dec 19 | 330.00 | 2.70 | 33 | 8.2 | 3.00 (0.9%) | |
| Jan 16 | 330.00 | 4.80 | 61 | 7.9 | 3.00 (0.9%) | |
| 5% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Dec 19 | 330.00 | 2.70 | 33 | 8.2 | 3.00 (0.9%) | |
| Jan 16 | 330.00 | 4.80 | 61 | 7.9 | 3.00 (0.9%) | |
| 10% Yield On WTW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Apr 17 | 330.00 | 14.50 | 152 | 9.5 | 3.00 (0.9%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TLT dividend | 1. | IMNM dividend | |
| 2. | IBIT dividend | 7. | SPY dividend | 2. | RZLT dividend | |
| 3. | KVUE dividend | 8. | QQQ dividend | 3. | TMC dividend | |
| 4. | TSLA dividend | 9. | GLD dividend | 4. | JANX dividend | |
| 5. | SLV dividend | 10. | ASST dividend | 5. | HYMC dividend | |
Want more examples? WTTR Dividend | WU Dividend
