VBK Dividend Type Payments

Although VBK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Vanguard Small-Cap Growth 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):

Vanguard Small-Cap Growth ETF (VBK)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
255.63	260.00	256.81	-0.65	342K	-	7.7B

VBK Dividend-Like Income Using Covered Calls

With VBK at 256.81, 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%	7.70	2.1
5%	12.84	3.5
10%	25.68	7.0

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 VBK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	260.00	1.40	8	17.5	0.00 (0.0%)
Sep 19	260.00	13.80	134	10.3	0.00 (0.0%)

5% Yield On VBK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	260.00	1.40	8	17.5	0.00 (0.0%)
Sep 19	260.00	13.80	134	10.3	0.00 (0.0%)

10% Yield On VBK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	260.00	1.40	8	17.5	0.00 (0.0%)
Sep 19	260.00	13.80	134	10.3	0.00 (0.0%)

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5.	IWM dividend	10.	INTC dividend	5.	NMAX dividend

Want more examples? VB Dividend | VBND Dividend