GBIL Dividend Type Payments
Although GBIL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Goldman Sachs Access Treasury 0-1 Year ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:10 PM ET):
| Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 99.92 | 99.92 | 99.92 | +0.01 | 377K | - | 0.0B |
GBIL Dividend-Like Income Using Covered Calls
With GBIL at 99.92, 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% | 3.00 | 0.8 |
| 5% | 5.00 | 1.4 |
| 10% | 9.99 | 2.7 |
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 Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT dividend | 6. | INTC dividend | 1. | UPST dividend | |
| 2. | KVUE dividend | 7. | TLT dividend | 2. | PINS dividend | |
| 3. | NVDA dividend | 8. | ASST dividend | 3. | CAVA dividend | |
| 4. | SLV dividend | 9. | HYG dividend | 4. | TTD dividend | |
| 5. | GLD dividend | 10. | EEM dividend | 5. | LYFT dividend | |
Want more examples? GBF Dividend | GBX Dividend
