CCRV Dividend Type Payments
Although CCRV has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares U.S. ETF Trust iShares Commodity Curve Carry Strategy 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):
iShares U.S. ETF Trust iShares Commodity Curve Carry Strategy ETF (CCRV) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
19.63 | 20.68 | 19.73 | +0.08 | 33K | - | 0.0B |
CCRV Dividend-Like Income Using Covered Calls
With CCRV at 19.73, 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% | 0.59 | 0.2 |
5% | 0.99 | 0.3 |
10% | 1.97 | 0.5 |
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 CCRV Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Jul 18 | 21.00 | 0.35 | 211 | 0.2 | 0.32 (1.6%) |
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1. | NVDA dividend | 6. | INTC dividend | 1. | RGTI dividend | |
2. | SLV dividend | 7. | SPY dividend | 2. | NMRA dividend | |
3. | AAPL dividend | 8. | TSLA dividend | 3. | HUMA dividend | |
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5. | XLF dividend | 10. | TLT dividend | 5. | MARA dividend |
Want more examples? CCRN Dividend | CCS Dividend