USRT Dividend Type Payments
Although USRT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Core U.S. REIT ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:20 PM ET):
| iShares Core U.S. REIT ETF (USRT) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 56.03 | 56.06 | 56.05 | -0.45 | 95K | - | 2.8B |
USRT Dividend-Like Income Using Covered Calls
With USRT at 56.05, 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% | 1.68 | 0.5 |
| 5% | 2.80 | 0.8 |
| 10% | 5.61 | 1.5 |
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 USRT Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Aug 15 | 56.00 | 0.55 | 94 | 0.5 | 0.00 (0.0%) | |
| Nov 21 | 56.00 | 1.40 | 192 | 0.7 | 0.00 (0.0%) | |
Want to increase dividends with covered calls? Sign Up For A Free Trial
| Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | IWM dividend | 1. | DOCS dividend | |
| 2. | SPY dividend | 7. | SLV dividend | 2. | CAVA dividend | |
| 3. | TLT dividend | 8. | FXI dividend | 3. | NFE dividend | |
| 4. | TSLA dividend | 9. | GLD dividend | 4. | ASPI dividend | |
| 5. | QQQ dividend | 10. | INTC dividend | 5. | QUBT dividend | |
Want more examples? USPH Dividend | USSG Dividend
