DGRW Dividend Type Payments

Although DGRW has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on WisdomTree U.S. Quality Dividend Growth Fund 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):

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
82.86	83.89	83.27	+1.08	592K	-	15B

DGRW Dividend-Like Income Using Covered Calls

With DGRW at 83.27, 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%	2.50	0.7
5%	4.16	1.1
10%	8.33	2.3

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 DGRW Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	84.00	2.15	169	1.3	0.11 (0.1%)
May 16	84.00	1.25	78	1.6	0.11 (0.1%)

5% Yield On DGRW Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	84.00	2.15	169	1.3	0.11 (0.1%)
May 16	84.00	1.25	78	1.6	0.11 (0.1%)

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Want more examples? DGRO Dividend | DGS Dividend