KVLE Dividend Type Payments

Although KVLE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KraneShares Value Line Dynamic Dividend Equity Index ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 4:16 PM ET):

KVLE Dividend-Like Income Using Covered Calls

With KVLE at 22.76, 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:

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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Want more examples? KVHI Dividend | KW Dividend