EWW Dividend Type Payments
Although EWW has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Inc iShares MSCI Mexico 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 Mexico ETF (EWW) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 60.44 | 62.00 | 60.76 | +0.57 | 1.6M | - | 1.0B |
EWW Dividend-Like Income Using Covered Calls
With EWW at 60.76, 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% | 1.82 | 0.5 |
| 5% | 3.04 | 0.8 |
| 10% | 6.08 | 1.7 |
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 EWW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 62.00 | 0.25 | 10 | 2.5 | 0.00 (0.0%) | |
| Sep 19 | 62.00 | 1.15 | 45 | 2.6 | 0.00 (0.0%) | |
| 5% Yield On EWW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 62.00 | 0.25 | 10 | 2.5 | 0.00 (0.0%) | |
| Sep 19 | 62.00 | 1.15 | 45 | 2.6 | 0.00 (0.0%) | |
| 10% Yield On EWW Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 62.00 | 0.25 | 10 | 2.5 | 0.00 (0.0%) | |
| Sep 19 | 62.00 | 1.15 | 45 | 2.6 | 0.00 (0.0%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Aug 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV dividend | 6. | GLD dividend | 1. | TSSI dividend | |
| 2. | NVDA dividend | 7. | TSLA dividend | 2. | AAOI dividend | |
| 3. | IWM dividend | 8. | AMZN dividend | 3. | IONQ dividend | |
| 4. | SPY dividend | 9. | QQQ dividend | 4. | HLF dividend | |
| 5. | IBIT dividend | 10. | INTC dividend | 5. | APP dividend | |
Want more examples? EWV Dividend | EWX Dividend
