VOOG Dividend Type Payments

Although VOOG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Vanguard S&P 500 Growth 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):

Vanguard S&P 500 Growth ETF (VOOG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
308.10	310.28	309.91	-8.96	378K	-	0.0B

VOOG Dividend-Like Income Using Covered Calls

With VOOG at 309.91, 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%	9.30	2.5
5%	15.50	4.2
10%	30.99	8.5

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 VOOG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	310.00	10.50	26	39.3	0.00 (0.0%)
Sep 19	310.00	19.20	152	12.4	0.00 (0.0%)

5% Yield On VOOG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	310.00	10.50	26	39.3	0.00 (0.0%)
Sep 19	310.00	19.20	152	12.4	0.00 (0.0%)

10% Yield On VOOG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	310.00	10.50	26	39.3	0.00 (0.0%)
Sep 19	310.00	19.20	152	12.4	0.00 (0.0%)

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5.	QQQ dividend	10.	KWEB dividend	5.	RIOT dividend

Want more examples? VOO Dividend | VOOV Dividend