PSR Dividend Type Payments

Invesco Active U.S. Real Estate Fund dividend

Although PSR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Invesco Active U.S. Real Estate Fund to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Mon 12:25 PM ET):

Invesco Active U.S. Real Estate Fund (PSR)
Bid Ask Last Change Volume P/E Market Cap
90.24 90.33 90.30 -0.45 1K - 0.0B

PSR Dividend-Like Income Using Covered Calls

With PSR at 90.30, 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% 2.71 0.7
5% 4.52 1.2
10% 9.03 2.5

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 PSR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 90.00 1.15 47 1.7 0.00 (0.0%)
Oct 17 90.00 2.20 110 1.7 0.00 (0.0%)
5% Yield On PSR Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 90.00 1.15 47 1.7 0.00 (0.0%)
Oct 17 90.00 2.20 110 1.7 0.00 (0.0%)

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

 
 
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.EOSE dividend
3.SPY dividend 8.AAPL dividend   3.ENPH dividend
4.GLD dividend 9.FXI dividend   4.CIFR dividend
5.IWM dividend 10.QQQ dividend   5.PRAX dividend

Want more examples? PSQ Dividend | PST Dividend