HEEM Dividend Type Payments
Although HEEM has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares Currency Hedged MSCI Emerging Markets ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 3:10 PM ET):
| iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 27.73 | 27.74 | 27.73 | -0.45 | 79K | - | 0.0B |
HEEM Dividend-Like Income Using Covered Calls
With HEEM at 27.73, 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% | 0.83 | 0.2 |
| 5% | 1.39 | 0.4 |
| 10% | 2.77 | 0.8 |
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. | IWM dividend | 1. | GRPN dividend | |
| 2. | NVDA dividend | 7. | EEM dividend | 2. | HNST dividend | |
| 3. | SPY dividend | 8. | TLT dividend | 3. | PRMW dividend | |
| 4. | SLV dividend | 9. | EWZ dividend | 4. | AAP dividend | |
| 5. | TSLA dividend | 10. | SMCI dividend | 5. | RKT dividend | |
Want more examples? HEDJ Dividend | HEES Dividend
