QRFT Dividend Type Payments

Although QRFT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on QRAFT AI-Enhanced U.S. Large Cap ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 11:15 AM ET):

QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)
Bid Ask Last Change Volume P/E Market Cap
51.03 51.25 50.94 +0.67 0K - 0.0B

QRFT Dividend-Like Income Using Covered Calls

With QRFT at 50.94, 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% 1.53 0.4
5% 2.55 0.7
10% 5.09 1.4

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:

3% Yield On QRFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 51.00 2.15 190 1.0 0.00 (0.0%)
Jun 20 51.00 1.15 99 0.9 0.00 (0.0%)
5% Yield On QRFT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Sep 19 51.00 2.15 190 1.0 0.00 (0.0%)
Jun 20 51.00 1.15 99 0.9 0.00 (0.0%)

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