AIQ Dividend Type Payments

Although AIQ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Global X Artificial Intelligence & Technology ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

Global X Artificial Intelligence & Technology ETF (AIQ)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
50.15	50.87	50.15	-0.05	3.3M	-	4.0B

AIQ Dividend-Like Income Using Covered Calls

With AIQ at 50.15, 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%	1.50	0.4
5%	2.51	0.7
10%	5.02	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 AIQ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	51.00	0.60	36	1.7	0.13 (0.3%)
Nov 21	51.00	0.10	8	1.3	0.13 (0.3%)

5% Yield On AIQ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	51.00	0.60	36	1.7	0.13 (0.3%)
Nov 21	51.00	0.10	8	1.3	0.13 (0.3%)

10% Yield On AIQ Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	51.00	0.60	36	1.7	0.13 (0.3%)
May 15	51.00	3.50	183	1.9	0.13 (0.3%)

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Want more examples? AIN Dividend | AIR Dividend