KALL Dividend Type Payments
Although KALL has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KraneShares MSCI All China Index ETF 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):
KraneShares MSCI All China Index ETF (KALL) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
17.00 | 21.23 | 20.96 | -0.04 | 2K | - | 0.0B |
KALL Dividend-Like Income Using Covered Calls
With KALL at 20.96, 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% | 0.63 | 0.2 |
5% | 1.05 | 0.3 |
10% | 2.10 | 0.6 |
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:
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Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | QQQ dividend | 1. | SAVA dividend | |
2. | SPY dividend | 7. | XLF dividend | 2. | RKLB dividend | |
3. | EEM dividend | 8. | KWEB dividend | 3. | LUNR dividend | |
4. | FXI dividend | 9. | TLT dividend | 4. | NMRA dividend | |
5. | IWM dividend | 10. | KRE dividend | 5. | CRVS dividend |
Want more examples? KAI Dividend | KALU Dividend