SLVP Dividend Type Payments

Although SLVP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares MSCI Global Silver and Metals Miners ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

iShares MSCI Global Silver and Metals Miners ETF (SLVP)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
14.53	15.97	15.04	+0.08	101K	-	0.1B

SLVP Dividend-Like Income Using Covered Calls

With SLVP at 15.04, 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%	0.45	0.1
5%	0.75	0.2
10%	1.50	0.4

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 SLVP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	16.00	0.20	144	0.1	0.03 (0.2%)
May 16	17.00	0.10	53	0.2	1.03 (6.8%)

5% Yield On SLVP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 17	16.00	0.05	24	0.2	0.03 (0.2%)
Nov 21	16.00	0.55	242	0.2	0.03 (0.2%)

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Top 10 Open Interest For Apr 17 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	EEM dividend	1.	EWTX dividend
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3.	ASHR dividend	8.	QQQ dividend	3.	RGTI dividend
4.	SLV dividend	9.	IWM dividend	4.	WOLF dividend
5.	NIO dividend	10.	TSLA dividend	5.	RKLB dividend

Want more examples? SLV Dividend | SLX Dividend