KVLE Dividend Type Payments
Although KVLE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on KraneShares Value Line Dynamic Dividend Equity Index ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 1:15 PM ET):
| KraneShares Value Line Dynamic Dividend Equity Index ETF (KVLE) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 26.27 | 26.29 | 26.27 | +0.11 | 1K | - | 0.0B |
KVLE Dividend-Like Income Using Covered Calls
With KVLE at 26.27, 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% | 0.79 | 0.2 |
| 5% | 1.31 | 0.4 |
| 10% | 2.63 | 0.7 |
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 Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | KWEB dividend | 6. | CORZ dividend | 1. | OCUL dividend | |
| 2. | SLV dividend | 7. | INTC dividend | 2. | SLV dividend | |
| 3. | NVDA dividend | 8. | AAPL dividend | 3. | NN dividend | |
| 4. | IBIT dividend | 9. | HYG dividend | 4. | IREN dividend | |
| 5. | QQQ dividend | 10. | SPY dividend | 5. | QURE dividend | |
Want more examples? KVHI Dividend | KW Dividend
