TLH Dividend Type Payments

iShares 10-20 Year Treasury Bond ETF dividend

Although TLH has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on iShares 10-20 Year Treasury Bond ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 4:16 PM ET):

iShares 10-20 Year Treasury Bond ETF (TLH)
Bid Ask Last Change Volume P/E Market Cap
105.21 105.26 105.28 +0.42 2.4M - 0.4B

TLH Dividend-Like Income Using Covered Calls

With TLH at 105.28, 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% 3.16 0.9
5% 5.26 1.4
10% 10.53 2.9

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 TLH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 105.00 1.70 60 2.4 0.00 (0.0%)
Nov 21 105.00 1.25 32 3.1 0.00 (0.0%)
5% Yield On TLH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 105.00 1.70 60 2.4 0.00 (0.0%)
Nov 21 105.00 1.25 32 3.1 0.00 (0.0%)
10% Yield On TLH Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Nov 21 105.00 1.25 32 3.1 0.00 (0.0%)

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

 
 
Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.KVUE dividend 6.HYG dividend   1.CIFR dividend
2.IBIT dividend 7.TLT dividend   2.ARCT dividend
3.NVDA dividend 8.EEM dividend   3.INBX dividend
4.SLV dividend 9.QQQ dividend   4.BHVN dividend
5.GLD dividend 10.INTC dividend   5.OSCR dividend

Want more examples? TKR Dividend | TLN Dividend