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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Top 10 Open Interest For Mar 21 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | OKLO dividend | |
2. | SPY dividend | 7. | KWEB dividend | 2. | ASTS dividend | |
3. | IWM dividend | 8. | TSLA dividend | 3. | IONQ dividend | |
4. | FXI dividend | 9. | INTC dividend | 4. | NBIS dividend | |
5. | QQQ dividend | 10. | TLT dividend | 5. | PATH dividend |
Want more examples? QQQM Dividend | QRVO Dividend