QRFT Dividend Type Payments
Although QRFT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on QRAFT AI-Enhanced U.S. Large Cap 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):
| QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 57.86 | 88.26 | 58.85 | -0.63 | 1K | - | 0.0B |
QRFT Dividend-Like Income Using Covered Calls
With QRFT at 58.85, 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% | 1.77 | 0.5 |
| 5% | 2.94 | 0.8 |
| 10% | 5.89 | 1.6 |
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 Sep 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | SLV dividend | 1. | ATYR dividend | |
| 2. | PCG dividend | 7. | FXI dividend | 2. | AEO dividend | |
| 3. | IWM dividend | 8. | QQQ dividend | 3. | LULU dividend | |
| 4. | SPY dividend | 9. | IBIT dividend | 4. | CIFR dividend | |
| 5. | EEM dividend | 10. | INTC dividend | 5. | AI dividend | |
Want more examples? QQQM Dividend | QRVO Dividend
