EWH Dividend Type Payments

Although EWH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares MSCI Hong Kong Index 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):

iShares MSCI Hong Kong Index Fund (EWH)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
15.78	15.93	15.83	-0.27	2.5M	-	0.6B

EWH Dividend-Like Income Using Covered Calls

With EWH at 15.83, 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%	0.47	0.1
5%	0.79	0.2
10%	1.58	0.4

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 EWH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	16.00	0.10	8	1.3	0.07 (0.4%)
Jun 20	16.00	0.85	162	0.5	0.07 (0.4%)

5% Yield On EWH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	16.00	0.10	8	1.3	0.07 (0.4%)
Jun 20	16.00	0.85	162	0.5	0.07 (0.4%)

10% Yield On EWH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jan 17	16.00	0.10	8	1.3	0.07 (0.4%)
Jun 20	16.00	0.85	162	0.5	0.07 (0.4%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For Jan 17 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	SPY dividend	1.	RCAT dividend
2.	SLV dividend	7.	XLF dividend	2.	DNA dividend
3.	AAPL dividend	8.	IWM dividend	3.	EVH dividend
4.	EEM dividend	9.	TSLA dividend	4.	CIFR dividend
5.	INTC dividend	10.	TLT dividend	5.	CRNC dividend

Want more examples? EWG Dividend | EWI Dividend