TLH Dividend Type Payments

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
98.59	98.64	98.48	-0.11	2.3M	-	0.4B

TLH Dividend-Like Income Using Covered Calls

With TLH at 98.48, 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%	2.95	0.8
5%	4.92	1.3
10%	9.85	2.7

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:

3% Yield On TLH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	100.00	1.10	46	2.4	1.36 (1.4%)
Sep 19	100.00	2.10	109	1.9	1.36 (1.4%)

5% Yield On TLH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	100.00	1.10	46	2.4	1.36 (1.4%)
Sep 19	100.00	2.10	109	1.9	1.36 (1.4%)

10% Yield On TLH Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	99.00	1.55	46	3.4	0.36 (0.4%)
Jun 20	100.00	0.50	18	2.8	1.36 (1.4%)

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

Top 10 Open Interest For Jun 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IWM dividend	1.	MDB dividend
2.	SPY dividend	7.	EEM dividend	2.	APLD dividend
3.	SLV dividend	8.	TSLA dividend	3.	IOT dividend
4.	QQQ dividend	9.	FXI dividend	4.	OKLO dividend
5.	GLD dividend	10.	TLT dividend	5.	ALT dividend

Want more examples? TKR Dividend | TLN Dividend