NTSX Dividend Type Payments
Although NTSX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on WisdomTree U.S. Efficient Core Fund to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 12:15 PM ET):
| WisdomTree U.S. Efficient Core Fund (NTSX) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 46.98 | 47.07 | 47.02 | +1.04 | 59K | - | 1.1B |
NTSX Dividend-Like Income Using Covered Calls
With NTSX at 47.02, 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% | 1.41 | 0.4 |
| 5% | 2.35 | 0.6 |
| 10% | 4.70 | 1.3 |
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 Jan 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | TSLA dividend | 1. | DNA dividend | |
| 2. | SLV dividend | 7. | INTC dividend | 2. | RGTI dividend | |
| 3. | AAPL dividend | 8. | XLF dividend | 3. | AAOI dividend | |
| 4. | SPY dividend | 9. | TLT dividend | 4. | RUM dividend | |
| 5. | EEM dividend | 10. | IWM dividend | 5. | ARDX dividend | |
Want more examples? NTRS Dividend | NTWK Dividend
