AVUS Dividend Type Payments
Although AVUS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Avantis U.S. Equity ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):
| Avantis U.S. Equity ETF (AVUS) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 104.64 | 111.57 | 110.95 | +0.12 | 256K | - | 0.0B |
AVUS Dividend-Like Income Using Covered Calls
With AVUS at 110.95, 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% | 3.33 | 0.9 |
| 5% | 5.55 | 1.5 |
| 10% | 11.10 | 3.0 |
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 AVUS Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 20 | 112.00 | 2.00 | 129 | 1.6 | 0.43 (0.4%) | |
| 5% Yield On AVUS Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Mar 20 | 112.00 | 2.00 | 129 | 1.6 | 0.43 (0.4%) | |
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | GLD dividend | 1. | ONDS dividend | |
| 2. | NVDA dividend | 7. | ASST dividend | 2. | SERV dividend | |
| 3. | KVUE dividend | 8. | SPY dividend | 3. | TMC dividend | |
| 4. | SLV dividend | 9. | INTC dividend | 4. | OKLO dividend | |
| 5. | TLT dividend | 10. | QQQ dividend | 5. | IREN dividend | |
Want more examples? AVTR Dividend | AVUV Dividend
