EWT Dividend Type Payments

iShares Inc iShares MSCI Taiwan ETF dividend

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 Tue 4:16 PM ET):

iShares Inc iShares MSCI Taiwan ETF (EWT)
Bid Ask Last Change Volume P/E Market Cap
45.80 49.99 46.31 +0.46 2.7M - 5.0B

EWT Dividend-Like Income Using Covered Calls

With EWT at 46.31, 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% 1.39 0.4
5% 2.32 0.6
10% 4.63 1.3

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
Sep 20 50.00 1.00 151 0.7 0.01 (0.0%)
Oct 18 50.00 1.25 179 0.7 0.01 (0.0%)
5% Yield On EWT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 20 50.00 1.00 151 0.7 0.01 (0.0%)
Oct 18 50.00 1.25 179 0.7 0.01 (0.0%)

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

 
 
Top 10 Open Interest For May 17 Expiration     Top 5 High Yield
1.IWM dividend 6.KWEB dividend   1.CIFR dividend
2.HYG dividend 7.EEM dividend   2.FSLY dividend
3.SPY dividend 8.TSLA dividend   3.ENPH dividend
4.QQQ dividend 9.SLV dividend   4.SNAP dividend
5.FXI dividend 10.EWZ dividend   5.CGC dividend

Want more examples? EWS Dividend | EWU Dividend