EWX Dividend Type Payments

Although EWX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SPDR S&P Emerging Markets Small Cap ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 11:10 AM ET):

SPDR S&P Emerging Markets Small Cap ETF (EWX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
58.95	59.02	59.03	-0.08	17K	-	1.0B

EWX Dividend-Like Income Using Covered Calls

With EWX at 59.03, 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%	1.77	0.5
5%	2.95	0.8
10%	5.90	1.6

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 EWX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	59.00	1.80	112	1.6	0.00 (0.0%)
Jul 18	59.00	1.65	204	0.8	0.00 (0.0%)

5% Yield On EWX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	59.00	1.80	112	1.6	0.00 (0.0%)

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.	XLF dividend	1.	NMRA dividend
2.	SLV dividend	7.	SPY dividend	2.	QBTS dividend
3.	AAPL dividend	8.	IWM dividend	3.	RUM dividend
4.	EEM dividend	9.	TSLA dividend	4.	QS dividend
5.	INTC dividend	10.	TLT dividend	5.	SERV dividend

Want more examples? EWW Dividend | EWY Dividend