HDEF Dividend Type Payments
Although HDEF has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Xtrackers MSCI EAFE High Dividend Yield Equity ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:55 AM ET):
| Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 30.84 | 30.86 | 30.84 | -0.02 | 93K | - | 0.0B |
HDEF Dividend-Like Income Using Covered Calls
With HDEF at 30.84, 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% | 0.93 | 0.3 |
| 5% | 1.54 | 0.4 |
| 10% | 3.08 | 0.8 |
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:
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For Jan 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | AAPL dividend | 1. | RDW dividend | |
| 2. | INTC dividend | 7. | SPY dividend | 2. | TLRY dividend | |
| 3. | IBIT dividend | 8. | GLD dividend | 3. | ABAT dividend | |
| 4. | TLT dividend | 9. | QQQ dividend | 4. | NVTS dividend | |
| 5. | SLV dividend | 10. | NFLX dividend | 5. | CRWV dividend | |
Want more examples? HDB Dividend | HDG Dividend
