EWT Dividend Type Payments

Although EWT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Inc iShares MSCI Taiwan 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):

iShares Inc iShares MSCI Taiwan ETF (EWT)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
54.16	56.27	56.03	+0.38	3.2M	-	6.0B

EWT Dividend-Like Income Using Covered Calls

With EWT at 56.03, 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%	1.68	0.5
5%	2.80	0.8
10%	5.60	1.5

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 EWT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	56.00	2.05	59	3.0	0.00 (0.0%)
Jul 18	56.00	1.40	31	3.6	0.00 (0.0%)

5% Yield On EWT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	56.00	2.05	59	3.0	0.00 (0.0%)
Jul 18	56.00	1.40	31	3.6	0.00 (0.0%)

10% Yield On EWT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	56.00	2.05	59	3.0	0.00 (0.0%)
Jul 18	56.00	1.40	31	3.6	0.00 (0.0%)

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

Top 10 Open Interest For Jun 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	ALT dividend
2.	SPY dividend	7.	GLD dividend	2.	RUN dividend
3.	QQQ dividend	8.	TLT dividend	3.	CAPR dividend
4.	TSLA dividend	9.	AAPL dividend	4.	SWBI dividend
5.	SLV dividend	10.	INTC dividend	5.	QUBT dividend

Want more examples? EWS Dividend | EWU Dividend