AOA Dividend Type Payments

iShares Core 80/20 Aggressive Allocation ETF dividend

Although AOA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Core 80/20 Aggressive Allocation 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):

iShares Core 80/20 Aggressive Allocation ETF (AOA)
Bid Ask Last Change Volume P/E Market Cap
82.50 87.95 83.40 +0.40 64K - 2.3B

AOA Dividend-Like Income Using Covered Calls

With AOA at 83.40, 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% 2.50 0.7
5% 4.17 1.1
10% 8.34 2.3

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:

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Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.NVDA dividend 6.TLT dividend   1.COGT dividend
2.SLV dividend 7.TSLA dividend   2.ENPH dividend
3.SPY dividend 8.AAPL dividend   3.SERV dividend
4.GLD dividend 9.FXI dividend   4.TMC dividend
5.IWM dividend 10.QQQ dividend   5.CIFR dividend

Want more examples? ANY Dividend | AOK Dividend