KBA Dividend Type Payments

Although KBA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KraneShares Bosera MSCI China A 50 Connect Index ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 4:16 PM ET):

KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA)
Bid Ask Last Change Volume P/E Market Cap
18.18 25.50 23.91 +0.04 78K - 0.0B

KBA Dividend-Like Income Using Covered Calls

With KBA at 23.91, 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% 0.72 0.2
5% 1.20 0.3
10% 2.39 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:

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Top 10 Open Interest For Mar 21 Expiration     Top 5 High Yield
1.NVDA dividend 6.QQQ dividend   1.QBTS dividend
2.SPY dividend 7.KWEB dividend   2.DOCU dividend
3.IWM dividend 8.INTC dividend   3.RCAT dividend
4.FXI dividend 9.TSLA dividend   4.JBLU dividend
5.EEM dividend 10.XLF dividend   5.VKTX dividend

Want more examples? KB Dividend | KBE Dividend