INFL Dividend Type Payments
Although INFL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Horizon Kinetics Inflation Beneficiaries ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
Horizon Kinetics Inflation Beneficiaries ETF (INFL) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
40.86 | 44.38 | 41.82 | -0.32 | 117K | - | 0.0B |
INFL Dividend-Like Income Using Covered Calls
With INFL at 41.82, 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% | 1.25 | 0.3 |
5% | 2.09 | 0.6 |
10% | 4.18 | 1.1 |
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:
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | IWM dividend | 1. | COGT dividend | |
2. | SLV dividend | 7. | TSLA dividend | 2. | ENPH dividend | |
3. | SPY dividend | 8. | AAPL dividend | 3. | SERV dividend | |
4. | GLD dividend | 9. | FXI dividend | 4. | CRWV dividend | |
5. | TLT dividend | 10. | CLSK dividend | 5. | RCAT dividend |
Want more examples? INFA Dividend | INFO Dividend