REMX Dividend Type Payments

Although REMX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on VanEck Rare Earth/Strategic Metals 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):

VanEck Rare Earth/Strategic Metals ETF (REMX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
49.01	51.52	50.10	-0.20	152K	-	0.3B

REMX Dividend-Like Income Using Covered Calls

With REMX at 50.10, 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%	1.50	0.4
5%	2.51	0.7
10%	5.01	1.4

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 REMX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 17	52.00	0.85	29	2.9	0.48 (1.0%)
Jun 21	52.00	1.50	64	2.3	0.48 (1.0%)

5% Yield On REMX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 17	52.00	0.85	29	2.9	0.48 (1.0%)
Jun 21	52.00	1.50	64	2.3	0.48 (1.0%)

10% Yield On REMX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 17	52.00	0.85	29	2.9	0.48 (1.0%)
Jun 21	52.00	1.50	64	2.3	0.48 (1.0%)

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Top 10 Open Interest For May 17 Expiration				Top 5 High Yield
1.	HYG dividend	6.	KWEB dividend	1.	CVNA dividend
2.	IWM dividend	7.	EEM dividend	2.	FSLY dividend
3.	FXI dividend	8.	SLV dividend	3.	CLSK dividend
4.	QQQ dividend	9.	TSLA dividend	4.	MARA dividend
5.	SPY dividend	10.	EWZ dividend	5.	EYPT dividend

Want more examples? REM Dividend | RENT Dividend