BRF Dividend Type Payments

VANECK VECTORS BRAZIL SMALL-CA dividend

Although BRF has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on VANECK VECTORS BRAZIL SMALL-CA to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

VANECK VECTORS BRAZIL SMALL-CA (BRF)
Bid Ask Last Change Volume P/E Market Cap
11.65 20.08 17.52 -0.62 10K - 0.8B

BRF Dividend-Like Income Using Covered Calls

With BRF at 17.52, here's a table showing how big the annual "dividend" (ie. 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% 0.53 0.1
5% 0.88 0.2
10% 1.75 0.5

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 BRF Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 18 20.00 0.30 151 0.1 0.00 (0.0%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
Top 10 Open Interest For Sep 21 Expiration     Top 5 High Yield
1.SPY dividend 6.GE dividend   1.MOMO dividend
2.EEM dividend 7.GLD dividend   2.AKRX dividend
3.SPX dividend 8.FB dividend   3.UVXY dividend
4.QQQ dividend 9.IWM dividend   4.BABA dividend
5.XLF dividend 10.GDX dividend   5.GERN dividend

Want more examples? BREW Dividend | BRFS Dividend