PDBC Dividend Type Payments

Although PDBC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Invesco Optimum Yield Diversified Commodity Strategy No K-1 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):

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
14.31	14.33	14.32	+0.13	2.4M	-	0.4B

PDBC Dividend-Like Income Using Covered Calls

With PDBC at 14.32, 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%	0.43	0.1
5%	0.72	0.2
10%	1.43	0.4

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 PDBC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	15.00	0.50	218	0.2	0.67 (4.7%)

5% Yield On PDBC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	15.00	0.50	218	0.2	0.67 (4.7%)

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4.	TSLA dividend	9.	HYG dividend	4.	CORT dividend
5.	AMZN dividend	10.	SLV dividend	5.	GPCR dividend

Want more examples? PD Dividend | PDCO Dividend