VT Dividend Type Payments

Vanguard Total World Stock Index ETF dividend

Although VT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Vanguard Total World Stock Index 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):

Vanguard Total World Stock Index ETF (VT)
Bid Ask Last Change Volume P/E Market Cap
116.01 117.90 116.60 +0.40 1.5M - 0.9B

VT Dividend-Like Income Using Covered Calls

With VT at 116.60, 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% 3.50 1.0
5% 5.83 1.6
10% 11.66 3.2

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 VT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 118.00 3.10 214 1.4 0.10 (0.1%)
May 16 118.00 1.85 123 1.5 0.10 (0.1%)
5% Yield On VT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 17 118.00 0.20 4 5.0 0.10 (0.1%)
Feb 21 118.00 1.50 39 3.8 0.10 (0.1%)
10% Yield On VT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Jan 17 118.00 0.20 4 5.0 0.10 (0.1%)
Feb 21 118.00 1.50 39 3.8 0.10 (0.1%)

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Top 10 Open Interest For Jan 17 Expiration     Top 5 High Yield
1.NVDA dividend 6.TSLA dividend   1.IONQ dividend
2.SLV dividend 7.INTC dividend   2.APLD dividend
3.AAPL dividend 8.XLF dividend   3.NTLA dividend
4.SPY dividend 9.TLT dividend   4.SERV dividend
5.EEM dividend 10.IWM dividend   5.JOBY dividend

Want more examples? VSTM Dividend | VTEB Dividend