FILL Dividend Type Payments

iShares MSCI Global Energy Producers Fund dividend

Although FILL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares MSCI Global Energy Producers 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 Global Energy Producers Fund (FILL)
Bid Ask Last Change Volume P/E Market Cap
12.21 25.00 24.46 -0.18 10K - 0.0B

FILL Dividend-Like Income Using Covered Calls

With FILL at 24.46, 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% 0.73 0.2
5% 1.22 0.3
10% 2.45 0.7

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:

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

 
 
Top 10 Open Interest For Apr 17 Expiration     Top 5 High Yield
1.NVDA dividend 6.NIO dividend   1.EWTX dividend
2.SLV dividend 7.QQQ dividend   2.ZIM dividend
3.SPY dividend 8.TLT dividend   3.ALDX dividend
4.ASHR dividend 9.TSLA dividend   4.SLNO dividend
5.EEM dividend 10.IWM dividend   5.APLD dividend

Want more examples? FIG Dividend | FINV Dividend