Tuesday, August 30, 2011

MDU Resources Group Inc Ex-Dividend Strategy September 6 2011

MDU Resources Group Inc Ex-Dividend Strategy September 6 2011 ; In the last month, the stock has decreased in price -4.68 %, with a one year change of 11.26%.



Compared to the S&P 500 price changes, the price performances are 4.68% vs. the S&P 500 from a month ago, and year to date difference is 8.35% vs. the S&P 500 price change.



MDU Resources Group, Inc. (MDU) Yield: 3.16%

Dividend Amount: $0.16

Ex-Dividend Date: September 6, 2011

Beta: 1.10



Strategy:

In combination with buying the stock, sell the $20.00 strike call for $0.35 over the intrinsic value. The option may get exercised early for a gain. If not, after qualifying for the dividend, offer to cover position with a premium of $0.32 over intrinsic value.

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