ASHS Dividend Type Payments

Although ASHS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 11:35 AM ET):

Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
28.20	28.26	28.27	-0.14	1K	-	0.0B

ASHS Dividend-Like Income Using Covered Calls

With ASHS at 28.27, 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%	0.85	0.2
5%	1.41	0.4
10%	2.83	0.8

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 ASHS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	32.00	0.40	134	0.3	3.74 (13.2%)
Dec 19	29.00	1.45	225	0.6	0.74 (2.6%)

5% Yield On ASHS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	29.00	1.45	225	0.6	0.74 (2.6%)

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Want more examples? ASHR Dividend | ASIA Dividend