AOR Dividend Type Payments

iShares Core 60/40 Balanced Allocation ETF dividend

Although AOR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Core 60/40 Balanced Allocation ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 11:55 AM ET):

iShares Core 60/40 Balanced Allocation ETF (AOR)
Bid Ask Last Change Volume P/E Market Cap
58.27 58.29 58.26 +0.29 154K - 2.2B

AOR Dividend-Like Income Using Covered Calls

With AOR at 58.26, 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% 1.75 0.5
5% 2.91 0.8
10% 5.83 1.6

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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Top 10 Open Interest For May 16 Expiration     Top 5 High Yield
1.NVDA dividend 6.IWM dividend   1.PINS dividend
2.SPY dividend 7.TSLA dividend   2.LYFT dividend
3.TLT dividend 8.FXI dividend   3.INOD dividend
4.QQQ dividend 9.GLD dividend   4.CVI dividend
5.SLV dividend 10.INTC dividend   5.RKLB dividend

Want more examples? AON Dividend | AOS Dividend