HEDJ Dividend Type Payments

Although HEDJ has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on WisdomTree Europe Hedged Equity Fund 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):

WisdomTree Europe Hedged Equity Fund (HEDJ)
Bid Ask Last Change Volume P/E Market Cap
41.34 45.91 43.60 -0.36 57K - 1.8B

HEDJ Dividend-Like Income Using Covered Calls

With HEDJ at 43.60, 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% 1.31 0.4
5% 2.18 0.6
10% 4.36 1.2

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:

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Top 10 Open Interest For Nov 15 Expiration     Top 5 High Yield
1.FXI dividend 6.EEM dividend   1.IONQ dividend
2.NVDA dividend 7.TLT dividend   2.GRPN dividend
3.SLV dividend 8.TSLA dividend   3.ZI dividend
4.SPY dividend 9.XLF dividend   4.LUNR dividend
5.IWM dividend 10.EWZ dividend   5.BHVN dividend

Want more examples? HEAR Dividend | HEEM Dividend