CLOU Dividend Type Payments

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

Global X Cloud Computing ETF (CLOU)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
21.13	23.30	21.85	+0.12	25K	-	0.3B

CLOU Dividend-Like Income Using Covered Calls

With CLOU at 21.85, 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%	0.66	0.2
5%	1.09	0.3
10%	2.19	0.6

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 CLOU Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Sep 19	24.00	0.40	136	0.3	0.70 (3.2%)
Dec 19	24.00	0.85	227	0.4	0.70 (3.2%)

5% Yield On CLOU Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	24.00	0.85	227	0.4	0.70 (3.2%)

Want to increase dividends with covered calls? Sign Up For A Free Trial

Top 10 Open Interest For May 16 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	IONQ dividend
2.	SPY dividend	7.	FXI dividend	2.	LYFT dividend
3.	TLT dividend	8.	TSLA dividend	3.	CVNA dividend
4.	QQQ dividend	9.	GLD dividend	4.	PCT dividend
5.	SLV dividend	10.	INTC dividend	5.	PINS dividend

Want more examples? CLNE Dividend | CLOV Dividend